{"id":22312,"date":"2023-02-03T18:35:00","date_gmt":"2023-02-03T10:35:00","guid":{"rendered":"https:\/\/flcube.com\/?p=22312"},"modified":"2025-01-20T18:38:14","modified_gmt":"2025-01-20T10:38:14","slug":"roche-reports-2-yoy-growth-in-2022-ocrevus-and-hemlibra-drive-sales","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=22312","title":{"rendered":"Roche Reports 2% YOY Growth in 2022; Ocrevus and Hemlibra Drive Sales"},"content":{"rendered":"\n<p>Swiss pharmaceutical giant Roche (<a href=\"https:\/\/www.google.com\/finance\/quote\/RO:SWX\">SWX: RO<\/a>) released its 2022 financial report this week, recording CHF 63.3 billion (USD 69.5 billion) in global sales. The company achieved a modest 2% year-on-year (YOY) growth at constant exchange rates (CER), impacted by lower COVID-19-related sales across both its Pharmaceuticals and Diagnostics divisions.<\/p>\n\n\n\n<p><strong>Pharmaceuticals and Diagnostics Performance<\/strong><br>Roche&#8217;s Pharmaceuticals unit generated CHF 45.6 billion (USD 50.1 billion) in sales, up 2% YOY. Growth was driven by new treatments for severe diseases, which offset the decline from biosimilar competition and lower sales of the COVID-19 repurposed drug Actemra (tocilizumab). The Diagnostics division expanded by 3% to CHF 17.7 billion (USD 19.5 billion), primarily driven by immunodiagnostic products.<\/p>\n\n\n\n<p><strong>Top-Selling Pharmaceuticals<\/strong><br>The top-selling pharmaceuticals remained consistent with Q3 2022 results. Multiple sclerosis (MS) treatment Ocrevus (ocrelizumab) led with CHF 6.0 billion (USD 6.6 billion) in sales, up 17% YOY. Breast cancer therapy Perjeta (pertuzumab) followed with CHF 4.1 billion (USD 4.5 billion), up 5% YOY. Hemophilia drug Hemlibra (emicizumab) achieved CHF 3.8 billion (USD 4.2 billion) in sales, up 27%. The PD-L1 inhibitor Tecentriq (atezolizumab) recorded CHF 3.7 billion (USD 4.1 billion), up 14% YOY. Meanwhile, four core products facing biosimilar erosion\u2014Actemra, Herceptin (trastuzumab), Avastin (bevacizumab), and MabThera\/Rituxan (rituximab)\u2014saw sales drop by 22%, 19%, 28%, and 21% YOY respectively, resulting in a combined CHF 1.9 billion decline.<\/p>\n\n\n\n<p>New Launches and Future Outlook<br>Roche celebrated the global launch of two bispecific antibodies (BsAbs): ophthalmic drug Vabysmo (faricimab) and cancer treatment Lunsumio (mosunetuzumab). The company expects solid underlying growth in both divisions to offset an estimated CHF 5 billion (USD 5.5 billion) decline in COVID-19 product sales, projecting low single-digit growth in 2023.<\/p>\n\n\n\n<p><strong>China Performance: Mixed Results<\/strong><br>Roche&#8217;s China performance showed a mixed picture. Pharmaceutical Group sales contracted by 7% YOY to CHF 3.039 billion (USD 3.3 billion) due to biosimilar competition against key products like MabThera\/Rituxan, Herceptin, and Avastin, as well as lower sales of antibiotic Rocephin (ceftriaxone). However, demand for non-small cell lung cancer (NSCLC) drug Alecensa (alectinib), leukemia therapy Gazyva\/Gazyvaro (obinutuzumab), and Perjeta grew. The Diagnostics Division in China expanded by 6% to CHF 2.58 billion (USD 2.82 billion), driven by strong sales of the SARS-CoV-2 Rapid Antigen test and immunoassays business across the Asia-Pacific region.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiss pharmaceutical giant Roche (SWX: RO) released its 2022 financial report this week, recording CHF&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[43,16,13,20,27,28,44,18,989],"class_list":["post-22312","post","type-post","status-publish","format-standard","hentry","category-company","tag-biosimilars","tag-cancer","tag-covid-19","tag-finance","tag-finanical-reports","tag-multi-specific-antibodies","tag-ophthalmology","tag-pd-1-l1","tag-swx-ro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Roche Reports 2% YOY Growth in 2022; Ocrevus and Hemlibra Drive Sales - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Swiss pharmaceutical giant Roche (SWX: RO) released its 2022 financial report this week, recording CHF 63.3 billion (USD 69.5 billion) in global sales. 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