Accu Chek Company Name

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Roche Diabetes Care, Inc., the maker of Accu-Chek products, is a leading provider of blood sugar monitoring systems and insulin pumps. With more than 40 years experience, our number one goal is to help people living with diabetes track and manage their blood sugar so they may have better control of their health.

Through well-established relationships with healthcare professionals, governments, and institutions in healthcare systems, we are able to meet the complex and changing needs of people with diabetes and their healthcare providers with highly innovative products and diabetes management solutions. We continually strive to create new products and resources to help fit better blood sugar control into our customers' lifestyles.

Roche, based in Indianapolis, Indiana, is a company with a proud history and continued commitment to innovation. Our products and services aim to make a difference by helping improve quality of life. Roche offers a broad range of diagnostic tests and systems that play a pivotal role in the groundbreaking area of integrated healthcare solutions. Our products cover the early detection, targeted screening, evaluation and monitoring of a variety of health issues.

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ACCU-CHEK, MYSUGR, and related marks are trademarks of Roche. The Bluetooth word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. All other product names and trademarks are property of their respective owners.

Important information on potential for open Accu-Chek Aviva Plus and Accu-Chek SmartView test strip vials in sealed cartons: Use of a test strip from a test strip vial that has opened while still in a sealed carton may potentially lead to inaccurate results (such as falsely too high results). If a vial of test strips is found to be open after unsealing a carton, discontinue use of the strips and follow all instructions in the link below.

The company owns the American biotechnology company Genentech, which is a wholly owned independent subsidiary, and the Japanese biotechnology company Chugai Pharmaceuticals, as well as the United States-based companies Ventana and Foundation Medicine. Roche's revenues during fiscal year 2020, were 58.32 billion Swiss francs. Descendants of the founding Hoffmann and Oeri families own slightly over half of the bearer shares with voting rights (a pool of family shareholders 45%, and Maja Oeri a further 5% apart), with Swiss pharma firm Novartis owning a further third of its shares until 2021. Roche is one of the few companies increasing their dividend every year, for 2020 as the 34th consecutive year.

Founded in 1896 by Fritz Hoffmann-La Roche, the company was known early on for producing various vitamin preparations and derivatives.[10] In 1934, it became the first company to mass-produce synthetic vitamin C, under the brand name Redoxon. During the Second World War, Roche collaborated with the Nazi regime in Germany and used forced labour in its German and Polish-based factories.[11] They also moved all their Jewish employees to the United States to save them from Nazi attention.[12]

In 1957, Hoffmann-La Roche introduced the class of tranquilizers known as benzodiazepines (with Valium and Rohypnol being the best known members).[13] It manufactures and sells several cancer drugs and is a leader in this field. In 1956, the first antidepressant, iproniazid, was accidentally created during an experiment while synthesizing isoniazid. Originally, it had been intended to create a more efficient drug at combatting Tuberculosis. Iproniazid, however, was revealed to have its own benefits; some people felt it made them feel happier. It was withdrawn from the market in the early 1960s due to toxic side-effects.

In 1976, an accident at a chemical factory in Seveso, Italy, owned by a subsidiary of Roche, caused a large dioxin contamination. In 1982, the United States arm of the company acquired Biomedical Reference Laboratories for US$163.5 million. That company dated from the late 1960s, and was located in Burlington, North Carolina. That year Hoffmann-La Roche then merged it with all of its laboratories, and incorporated the merged company as Roche Biomedical Laboratories, Inc. in Burlington. By the early 1990s, Roche Biomedical became one of the largest clinical laboratory networks in the United States, with 20 major laboratories and US$600 million in sales.[14]

Roche has also produced various HIV tests and antiretroviral drugs. It bought the patents for the polymerase chain reaction (PCR) technique in 1992. In 1995, the era of highly active anti-retroviral therapy (HAART) was initiated by the United States FDA's approval of Hoffman LaRoche's HIV protease inhibitor, saquinavir. Within 2 years of its approval (and that of ritonavir 4 months later) annual deaths from AIDS in the United States fell from over 50,000 to approximately 18,000.[15] On 28 April 1995, Hoffmann-La Roche sold Roche Biomedical Laboratories, Inc. to National Health Laboratories Holdings Inc. (which then changed its name to Laboratory Corporation of America Holdings).[16] Roche acquired Syntex in 1994, and Chugai Pharmaceuticals in 2002.

Also in 2005, Roche acquired the Swiss company GlycArt Biotechnology in order to acquire technology to afucosylate antibodies; one of its products in development was obinutuzumab, which gained FDA approval in November 2013 for the treatment of chronic lymphocytic leukemia.[19][20][21]

On 26 March 2009, Roche acquired Genentech for $46.8 billion.[24] On 12 March 2009, Roche agreed to fully acquire Genentech, in which it had held a majority stake since 1990,[25] after eight months of negotiations. As a result of the Genentech acquisition, Roche moved its Palo Alto based research facilities to their campus that straddles the border between Clifton, New Jersey and Nutley, New Jersey while Roche's United States headquarters, located on the New Jersey site since 1929, was moved to Genentech's facility in South San Francisco.[26] Genentech became a wholly owned subsidiary group of Roche on 25 March 2009.[27] Roche began vacating the NJ site in 2012, and sold it off in 2016.[28]

On 7 April 2014, Roche announced its intention to acquire IQuum for up to $450 million,[39] as well as the rights to an experimental drug (ORY-1001) from Spanish company Oryzon Genomics for $21 million and up to $500 million in milestone payments.[40] On 2 June, Roche announced its intention to acquire Genia Technologies Inc. for up to $350 million.[41] In August 2014, the company agreed to purchase Californian-based pharmaceutical firm InterMune for $8.3 billion, at $74 a share this represents a 38% premium over the final share closing price,[42][43] as well as Santaris Pharma A/S for $450 million.[44] In December 2014, the company acquired next-generation sequencing processing company Bina Technologies for an undisclosed sum[45] and Dutalys GmbH[46] a developer of next-generation anti-bodies.[46]

In August, the company announced its intention to acquire GeneWEAVE, Inc. for up to $425 million in order to strengthen its microbial diagnostics business.[49] Days later the company acquired Kapa Biosystems, Inc. for $445M, focussing on next generation sequencing and polymerase chain reaction applications.[50] In October 2015, the company acquired Adheron Therapeutics for $105 million (plus up to $475 million in milestone payments).[51]

In January 2017, the company acquired ForSight VISION4.[53] In June, the company acquired the diabetes management platform, mySugr GmbH for an undisclosed price.[54] In November Roche acquired Viewics, Inc.[55] In late December the company announced it would acquire Ignyta Inc, expanding its global oncology business.[56]

In March 2021, Roche announced it would acquire GenMark Diagnostics for $1.8 billion.[72][73] Under the terms of agreement, Genmark diagnostics will become a subsidiary and the principal operations will continue to remain in Carlsbad, California.[74] In September, the company announced it would acquire German biotech group, TIB Molbiol, enhancing its molecular diagnostics operations.[75]

In July 2023, Roche partnered with Alnylam Pharmaceuticals in a deal worth $2.8 billion for the development of a hypertension drug.[78] In December 2023, Roche acquired Carmot Therapeutics, an anti-obesity drug developer, for $2.7 billion.[79]

The Hoffmann-La Roche family is Switzerland's richest and one of the most secretive families.[82] Many members of the family don't carry the last name Hoffmann anymore. Some are known as Oeri, Michalski, Faber-Castell, Fabre, Zivtins, Schmid or Duschmal.[83]

Roche Diagnostics manufactures diagnostic equipment and reagents for research and medical diagnostic applications. Internally, it is organised into five major business areas: Roche Applied Science, Roche Professional Diagnostics, Roche Diabetes Care, Roche Molecular Diagnostics and Roche Tissue Diagnostics (Ventana). The main location for Roche Professional Diagnostics is in Rotkreuz, Switzerland.[89]

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