Roche: No Major M&A Needed To Offset Biosimilar Threat

Rather than buying its way out of trouble, Roche is backing its new products, notably the multiple sclerosis drug Ocrevus, the PD-L1 inhibitor Tecentriq and the lung cancer treatment Alecensa to offset the battering from biosimilar competition to some of its big-selling cancer therapies.

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Roche interested in bolt-on deals not big acquisitions • Source: Shutterstock

In its battle to combat the impact of biosimilars, Roche CEO Severin Schwan has said the Swiss major's new products will compensate for patent losses on some of its cancer blockbusters and a big merger is not needed to fill the revenue gap.

Speaking on a conference call with journalists this morning (Feb. 1) as Roche presented its financials for 2017, Schwan said,...

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