Biotech Values

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Celltrion shares jump on reports of bid interests from Roche, Teva, AstraZeneca

Jan 8 (Reuters) - Celltrion Inc shares jumped by 9.7 percent on Wednesday after South Korean media such as online news outlet Edaily reported that Roche Holding AG , Teva Pharmaceutical Industries Ltd and AstraZeneca Plc were among parties in talks to acquire the biotech firm.

Celltrion, the biggest firm in the country's second-tier KOSDAQ share market, said last week that its largest shareholder is in talks with interested parties to sell a controlling stake in the company.

A Celltrion spokesman declined to comment.

http://uk.reuters.com/article/2014/01/08/celltrion-sale-idUKL3N0KI0MD20140108