Roche Ups Outlook, Sees Spark Buy By Year-End

New Medicines Help Group Lift Full-Year Guidance (Again)

Roche presented another strong quarterly performance and raised its outlook again for the full year, as sales continued to be driven in the third quarter by its portfolio of new medicines. It still believes its delayed takeover of Spark Therapeutics will happen by year-end.    

Growth
Roche Sees Growth Continuing Past 2019 • Source: Shutterstock

Roche’s strong growth has continued into the third quarter. Propelled by recently launched drugs, the Swiss group on 16 October again beat market forecasts and raised its 2019 full-year outlook for the third time this year.

Roche’s management is increasingly confident that it can ride out a wave of biosimilars entering the US market in coming...

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