COVID-19 was a nightmare on one level; on another, it was a bonanza for Roche Holding AG and its investors. With the pandemic in the rear-view mirror, sales of therapies for the virus have fallen markedly. This, and the appreciation of the Swiss franc against most currencies, left Roche’s first-quarter sales 6% lower than in the same period last year.
Key Takeaways
- Roche’s Q1 sales fell 6% compared with the first three months of 2023, though they rose 2% on a constant currency basis
Knowing this was coming, the group has taken steps to improve its growth – and that means culling unpromising therapies...







![Spotlight On RDCs, AOCs As Leading Novel Bioconjugates[Updated]](https://web.insights.norstella-labs.com/resizer/v2/3M7ZAWZOBNK7NG4A4WDOIFG6DU.jpg?smart=true&auth=392a1fdb3cfacb29445720c412410e598dbcc5f90f14857652cd498bd0faa0fb&width=400&height=225)