Roche sets out obesity strategy with manufacturing focus
Following its $2.7 billion acquisition of Carmot Therapeutics, Roche (ROG: SIX) is intensifying its focus on obesity treatments, details of which have been set out at an investor event.
The Swiss pharma giant's purchase includes CT-388, an injectable therapy, and CT-996, an oral pill, both aimed at addressing the growing global obesity crisis and taking a slice of a massive new market led by Novo Nordisk (NOV: N) and Eli Lilly (NYSE: LLY).
Roche has been actively expanding its cardiovascular, renal, and metabolism pipeline, with a particular emphasis on obesity and diabetes.
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