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Roche Bullish Despite Biosimilars Battering

Pharma Sales Down By 7% in Q4

 
• By Kevin Grogan

Its older oncology products are sinking but the Swiss major is confident about coming through COVID-19 in a strong position.

Roche_Logo_Glass
Tough Q4 for the Swiss major • Source: Archive

Roche Holding AG's pharma revenues suffered a tough fourth quarter 2020 as its trio of big-selling cancer drugs – Avastin, MabThera/Rituxan and Herceptin – were again hit by biosimilars and the impact of COVID-19 was keenly felt on its doctor-administered drugs.

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