Roche posts modest Q3 sales beat as new drugs offset biosimilar hit [Reuters]
ROCHE HOLDING LTD S/ADR (RHHBY)
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Source: Reuters
Roche posts modest third-quarter sales beat as new drugs offset biosimilar hit | Reuters 1 Min Read ZURICH (Reuters) - Roche’s ( ROG.S ) third-quarter sales rose 7 percent, above analyst forecasts, as sales of new drugs including its multiple sclerosis therapy Ocrevus helped offset the impact that rivals’ copies are having on the Swiss group’s top-selling drugs. Third-quarter sales rose to nearly 14 billion Swiss francs ($14.12 billion), compared to the average forecast of analysts of 13.8 billion francs in a Reuters poll. Roche confirmed on Wednesday its outlook for 2018 sales to grow at a mid-single-digit rate. Core earnings per share, including benefits from U.S. tax reform changes, would grow in the mid-teen-digit percentages. Reporting by John Miller; Editing by Michael Shields All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Roche posts modest third-quarter sales beat as new drugs of
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