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Roche warns 2023 profits will fall on $5 billion COVID sales hit - Yahoo Movies UK

Retrieved on: 2024-05-03 14:42:05

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Roche warns 2023 profits will fall on $5 billion COVID sales hit - Yahoo Movies UK. View article details on hiswai:

Summary

The article by Ludwig Burger discusses Roche's product strategy challenges, as CEO Severin Schwan indicates a decline in profits due to reduced COVID-19 product demand. Despite the drop in pandemic-related sales, Roche's pharmaceutical division, under the new leadership of Teresa Graham, aims to compensate with new drugs and bolster their pipeline, amidst an industry-wide downturn, affecting competitors like Siemens Healthineers and GSK as well.

Article found on: uk.movies.yahoo.com

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