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Falling Sales Force New Priorities At Roche

 
• By Elizabeth Cairns

The Swiss major brings a new ruthlessness to the compounds in its pipeline: if they’re not first or best, they’re out.    

Roche_Logo_Glass

COVID-19 was a nightmare on one level; on another, it was a bonanza for Roche Holding AG and its investors. With the pandemic in the rear-view mirror, sales of therapies for the virus have fallen markedly. This, and the appreciation of the Swiss franc against most currencies, left Roche’s first-quarter sales 6% lower than in the same period last year.

Key Takeaways
  • Roche’s Q1 sales fell 6% compared with the first three months of 2023, though they rose 2% on a constant currency basis

Knowing this was coming, the group has taken steps to improve its growth – and that means culling unpromising therapies...

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