At a London investor event this week, Swiss drug major Roche (ROG: SIX) presented an update on its strategy, which continues to be focused on medical innovation and sustainable growth. Through its leadership in personalized health care, Roche says it is uniquely positioned to develop therapies that advance current standards of care and improve people’s lives.
Roche, the world’s leader in oncology, said it has an industry-leading pipeline with 72 new molecular entities (NMEs). As many as 19 late-stage clinical trials are expected to read out over the next 18 months, 12 of which are investigating NMEs. In addition, three NME projects could reach the Lifecycle Investment Point (LIP) to move into late-stage development this year. Despite the promising increase of late-stage projects, Roche intends to keep its R&D budget stable by implementing continued productivity improvements and rigorous portfolio prioritization. It spent more than 8 billion Swiss francs ($8.37 billion) on R&D last year.
“Roche’s strategy is based on developing differentiated medicines and diagnostics in areas of high unmet need that bring true medical benefit to patients,” said Severin Schwan, chief executive of the company. “More than 60% of our pharmaceutical pipeline projects are coupled with the development of companion diagnostics in order to make treatments more effective. The recent launches of our cancer medicines Perjeta (pertuzumab) and Zelboraf (vemurafenib) are examples of the concept of personalized health care becoming reality,” he added.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze