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Roche sales boosted by Tamiflu but Genentech manoeuvre hits profits – update

This article was originally published in Scrip

Executive Summary

Roche has reported an 8% rise in 2009 sales to CHF49.1 billion ($46.6 billion), driven by sales of its influenza treatment Tamiflu (oseltamivir), its cancer portfolio and the age-related macular degeneration drug Lucentis (ranibizumab). However, the costs associated with its integration of Genentech dragged net income down by 22% to CHF8.5 billion.



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