Swiss drugmaker Roche Holding AG said there was "no change" to its merger and acquisition strategy and the company remained on the look out for small to mid-size acquisitions.
"We continue to look for bolt-on acquisitions that complement our platforms and products," Chief Executive Severin Schwan told a call for analysts on Tuesday.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”