Roche management described a quarter of moderate growth for the pharmaceuticals business driven primarily by sales in the U.S., and by a handful of key oncology products and the rheumatoid arthritis drug Actemra (tocilizumab). Quarterly growth of 2% was restrained by steep revenue declines in key off-patent or otherwise troubled franchises, including Tamiflu (oseltamivir), Boniva (ibandronate) and Cellcept (mycophenolate).
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