Report
Bruno de La Rochebrochard

ROCHE: A clearer and clearer view on the timing of upcoming battle against biosimilars in the US | NEUTRAL | CHF280

ROCHE - NEUTRAL | CHF280 (+10%)
A clearer and clearer view on the timing of upcoming battle against biosimilars in the US

Biosimilar Herceptin approved in the US
But Herzuma is not first but second
In volume terms, Herceptin is easier to defend than Rituxan
Increased visibility on timings
Underlyings
Roche Holding AG

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
Bruno de La Rochebrochard

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