Upbeat Roche bests rival Novartis as new drugs fuel growth - Know The World News

Saturday, 28 July 2018

Upbeat Roche bests rival Novartis as new drugs fuel growth

Upbeat Roche bests rival Novartis as new drugs fuel growthSwiss drugmaker Roche (ROG.S) on Thursday outshone crosstown rival Novartis (NOVN.S) by boosting its 2018 sales outlook, helped by new medicines in a year when many feared patent expirations and cheaper copies would put growth at risk. Roche first-half sales rose 7 percent in constant currencies, topping the 5 percent rise Novartis reported last week. Its shares were 3 percent up by 0710 GMT, outperforming Novartis' 0.3 percent rise.




from Yahoo Finance https://yhoo.it/2v24aOr

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