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Switzerland’s Roche agrees to acquire US-based PathAI

By Thomson Reuters May 7, 2026 | 12:55 AM

ZURICH, May 7 (Reuters) – Swiss pharmaceutical giant Roche said on Thursday it had agreed ​to acquire U.S.-based digital ‌pathology and AI-powered technology firm PathAI in a deal worth $750 million upfront plus further milestone payments of ‌up ​to $300 million.

The ⁠acquisition builds on a ⁠five-year partnership between Roche and PathAI that was scaled up in 2024 to include ​the development of AI-enabled companion diagnostic algorithms.

The deal is ⁠expected to close ⁠in the second half ​of 2026, and PathAI – based ​on Boston, Massachusetts – is due to ‌become part of Roche’s diagnostics division.

Roche said the acquisition strengthens its position in digital ⁠pathology, which is helping to transform manual workflows into fully automated, AI-driven ⁠processes.

“Digital ‌pathology has the potential ⁠to improve precision diagnosis ​of ‌cancer and enable physicians ​to ⁠offer better tailored treatment regimens,” Matt Sause, CEO of Roche Diagnostics, said in a statement.

(Writing by Dave Graham, Editing by ​Friederike Heine)