Roche Sees Cancer Combos Start To Deliver

21 Jul 2016

• By Sukaina Virji

Roche presented a strong second quarter and was able to highlight a positive debut of Tecentriq, its PD-L1 antagonist, which brought the Swiss group into the lauded programed-death checkpoint inhibitor field.

Schwan_Severin_1200x675 — CEO Severin Schwan • Source: Roche

Roche said group sales increased 5% to CHF25bn in the six months to June 30, slightly ahead of expectations. Net income rose by 3% at constant currencies to CHF5.5bn. Pharmaceutical sales were up by 4% to CHF19.5bn, driven by oncology and immunology drugs.

Tecentriq (atezolizumab), which was approved by the FDA in May 2016 for bladder cancer, had revenues of CHF19m "in a little less than a month and a half, representing some...

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• By Joseph Haas

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• By Jung Won Shin

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