Breaking News, Financial News

Financial Report: Roche

The company achieved record sales for the year.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Roche FY Revenues: $49.1 billion (+8%) FY Earnings: $8.5 billion (-22%) Comments: Pharma sales were up 11% (8% in CHF and U.S. dollars). The company achieved record sales for the year with continued growth for Avastin, Herceptin, MabThera/Rituxan, Tarceva and Xeloda, as well as Tamiflu and Lucentis sales. Genentech contributed 9% to results. Roche obtained full ownership of Genentech in March 2009. For the year, restructuring and integration costs were $2.3 billion, related to the disco...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters