September 30, 2019 / 5:21 AM / 24 days ago

Roche extends Spark offer again as regulatory review drags on

FILE PHOTO: The logo of Swiss drugmaker Roche at its headquarters in Basel, Switzerland, February 1, 2018. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - Roche (ROG.S) extended its offer to buy Spark Therapeutics (ONCE.O) on Monday, this time until Oct. 30, as U.S. and British regulators continue to scrutinize the Swiss drugmaker’s $4.3 billion oft-delayed bid to swallow the U.S. gene therapy specialist.

The terms and conditions remain unchanged for the deal, which analysts have said may be hung up on competition concerns over what a combination would mean for the very competitive market for hemophilia A treatments. Roche has declined to comment on what is holding back the U.S. Federal Trade Commission from signing off on the transaction.

Reporting by John Miller; Editing by Michelle Martin

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