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Emerging Markets Earnings Roundup: Roche, Johnson & Johnson, Abbott (Part 1)

 
• By Tamra Sami

Emerging markets were a mixed picture for Big Pharma in the third quarter, with China the clear leader, but overall key markets continued to see slower growth, which many blamed on the slowdown in the West.

Emerging markets were a mixed picture for Big Pharma in the third quarter, with China still the clear leader but overall key markets continued to see slower growth, which many blamed on the slowdown in the West. Tenders will continue to bring increased volatility in emerging markets, and as Roche saw this quarter in Brazil, can substantially affect earnings from quarter to quarter. Meanwhile, both Johnson & Johnson and Abbott Laboratories Inc. saw their diversified strategies pay off in emerging markets, particularly with established products and devices and diagnostics.

In a recurring feature, PharmAsia News combs through quarterly earnings reports to bring you highlights on emerging markets.

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