Report
Eric Le Berrigaud

ROCHE: Increasing confidence in growth during the biosimilar phase | BUY - Top Picks | CHF340 vs. CHF332 (+29%)

ROCHE - BUY - Top Picks | CHF340 vs. CHF332 (+29%)
Increasing confidence in growth during the biosimilar phase

Dependence on soon-to-be-made-biosimilar drugs is decreasing
Far more to come over the next 18 months
The situation in the US remains the most significant overhang
Our numbers and FV adjusted upwards again
Underlying
Roche Holding Ltd

Roche Holding is a healthcare company. Co. operates in two Divisions, Pharmaceuticals and Diagnostics. Co.'s pharmaceuticals division is comprised of two business segments Roche Pharmaceuticals and Chugai. Co.'s pharmaceuticals division provides therapies including Cotellic, in combination with Zelboraf for advanced melanoma, and Alecensa for a specific type of lung cancer. Co.'s diagnostics division consists of four business areas: Diabetes Care, Molecular Diagnostics, Professional Diagnostics and Tissue Diagnostics. Co.'s diagnostics division provides in vitro diagnostic tests, used by healthcare providers to screen, diagnose and monitor therapies.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Eric Le Berrigaud

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