Salem Radio Network News Tuesday, May 5, 2026

Health

Roche Q1 sales up 7% on drugs Phesgo, Vabysmo

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FRANKFURT (Reuters) -Swiss drugmaker Roche said on Thursday its first-quarter sales rose a forecast-beating 7% driven by breast cancer drug Phesgo, eye drug Vabysmo and allergy treatment Xolair.

Quarterly group revenues came in at 15.44 billion Swiss francs ($18.64 billion), slightly above average market expectations of about 15.4 billion cited by analysts.

Roche said it was still targeting an increase in full-year adjusted earnings per share at a high single-digit percentage.

(Reporting by Ludwig Burger, Editing by Rachel More)

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