Roche's Declaration of Independence
Roche Holding is as independent as ever and determined to stay that way -- regardless of major rival Novartis (NVS ) owning almost one-third of its stock. That's the message Roche CEO Franz Humer emphasized in a BusinessWeek interview in New York on Jan. 29. "Novartis has no ability to hinder any strategic move that Roche would want to make," says Humer. "Their influence is zero."
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