Roche keeps biosimilar erosion at bay but misses sales estimate

30 January 2020

Swiss pharma giant Roche (ROG: SIX) is succeeding in replacing revenues lost to biosimilar competition to its older drugs.

The Basel-based company presented its financial results for the fourth quarter of 2019, and for the year as a whole, on Thursday, after which the firm’s share price rose by 0.8% during the first four hours of trading.

Offsetting the decline of the big three

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