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Roche R&D Spending Surge Reflects In-House Innovation, M&A Prices

‘Costs Being Squeezed Everywhere’ To Fund R&D

 
• By Sten Stovall

A surprise surge in Roche's R&D spending this year reflects high quality in-house innovation opportunities as well as high prices for external M&A targets, management said.

Roche's R&D Spend Has Risen Steadily In Recent Years • Source: Alamy

Traditionally one of big pharma’s biggest investors in the clinic, Roche Holding AG has lifted its R&D spending even further this year, due in part to many new Phase III starts in oncology and neuroscience and also in part because potential external M&A plays have become too expensive to justify.

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