Roche: Defining priorities for a high tech healthcare company

Size: px
Start display at page:

Download "Roche: Defining priorities for a high tech healthcare company"

Transcription

1 Roche: Defining priorities for a high tech healthcare company Erich Hunziker, Deputy Head of the Corporate Executive Committee and CFO January This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as believes, expects, anticipates, projects, intends, should, seeks, estimates, future or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking statements contained in this presentation, among others: 1 pricing and product initiatives of competitors; 2 legislative and regulatory developments and economic conditions; 3 delay or inability in obtaining regulatory approvals or bringing products to market; 4 fluctuations in currency exchange rates and general financial market conditions; 5 uncertainties in the discovery, development or marketing of new products or new uses of existing products, including without limitation negative results of clinical trials or research projects, unexpected side-effects of pipeline or marketed products; 6 increased government pricing pressures; 7 interruptions in production 8 loss of or inability to obtain adequate protection for intellectual property rights; 9 litigation; 10 loss of key executives or other employees; and 11 adverse publicity and news coverage. Any statements regarding earnings per share growth is not a profit forecast and should not be interpreted to mean that Roche s earnings or earnings per share for this year or any subsequent period will necessarily match or exceed the historical published earnings or earnings per share of Roche. For marketed products discussed in this presentation, please see full prescribing information on our website All mentioned trademarks are legally protected 2 1

2 Additional information in relation to the offer for Ventana shares and where to find it These materials are for informational purposes only and do not constitute an offer to purchase or a solicitation of an offer to sell Ventana s common stock. The tender offer is being made pursuant to a tender offer statement on schedule TO (including the offer to purchase, letter of transmittal and other related tender offer materials) filed by Roche with the Securities and Exchange Commission (SEC) on June 27, These materials, as they may be amended from time to time, contain important information, including the terms and conditions of the offer, that should be read carefully before any decision is made with respect to the tender offer. Investors and stockholders can obtain a free copy of these materials and other documents filed by Roche with the SEC at the website maintained by the SEC at The tender offer materials may also be obtained for free by contacting the information agent for the tender offer, Mackenzie Partners, at (212) or (800) (toll-free). Additional information can also be found on 3 Performance up-date Our priorities 4 2

3 Continuing excellent growth Over CHF 3.5 billion organic sales added CHF bn % change in USD YTD Sept YTD Sept CHF local growth Pharmaceuticals Diagnostics Roche Group Oncology: Annualised sales of over CHF 18 billion and growing strongly CHF bn YTD Sept 07 vs. YTD 06 local growth % 45 % 50 % Europe/RoW US Japan +10 % +15 % +28 % 6 3

4 Strong rise in Group sales and Core EPS Sales (CHF billions) % Sales +13 % +24 % +14 % +29 % +19 % Core EPS +21 % +15 % Core EPS (CHF) 0 H H H H H Historical Core EPS data 2003 to 2004 restated 7 Strategic acquisitions and portfolio enhancements Committed to technology leadership Leader in Pharma Driving personalised healthcare Leader in Diagnostics THP (therapeutic antibody technology) Alnylam (RNA interference technology) Transgene (therapeutic HPV vaccine) BioVeris (electrochemiluminescence technology) 454 Life Sciences (ultra fast gene sequencing) NimbleGen (high-density DNA microarrays) Ventana (tissue-based diagnostics) 1 Tanox (acquired by Genentech) Early detection Diagnosis Patient stratification Treatment Monitoring 1 Tender offer pending 8 4

5 Growth objectives for 2007 Reconfirming improved outlook of Q1 Sales Double-digit sales growth 1 for Roche Group and Pharmaceuticals Division Above-market sales growth in both divisions Core EPS target Core earnings per share growth above sales growth 1 in local currencies barring unforeseen events 9 Performance up-date Our priorities 10 5

6 Roche Challenge # 1 Achieve above peer level sales growth for both divisions 1 Can we constantly gain market share in both divisions? YTD Sept 07: Sales growth two-to-three times market Growing share of key growth drivers Local sales growth Key products as % of pharma sales Division Europe North America Latin America Japan 6% 7% 6% 7% 4% 14% 12% 14% 12% 16% 70% 60% 50% 40% 30% 20% 10% Roche 0% IMS YTD July ' Bonviva/Boniva Tarceva Xeloda Pegasys CellCept NeoRecormon/ Epogin/Mircera Herceptin / Rituxan 12 6

7 Key products on growth path New indications provide fresh growth opportunities Herceptin MAT sales (CHF bn) Q1-05 Q3-05 Q1-06 Q3-06 Q1-07 Q3-07 Tarceva Q1-02 Q3-02 Q1-03 Q3-03 Q1-04 Q3-04 Q1-05 Q3-05 Q1-06 Q3-06 Q1-07 Q MAT sales (CHF bn) % % 0 Q1-05 Q3-05 Q1-06 Q3-06 Q1-07 Q3-07 Pharma Division sales Roche Pharma sales 0 Q1-02 Q3-02 Q1-03 Q3-03 Q1-04 Q3-04 Q1-05 Q3-05 Q1-06 Q3-06 Q1-07 Q3-07 MAT = Rolling 4 quarter sales at avg. YTD Sept. '07 exchange rates 13 Our oncology strategy: Setting new standards of care New tumor types, new combinations, new lines of intervention Clinically differentiated product Example target all tumor types target all possible combinations target earlier (adjuvant) intervention Superior outcome for patients 3 rd line 3 rd line 2 nd line 3 rd line 2 nd line 1 st line 2 nd line 1 st line Adjuvant 1 st line GIST Pancreatic Ovarian Prostate RCC Adjuvant BC Adjuvant Completed NSCLC Ongoing CRC In preparation 14 7

8 Oncology Many market opportunities on the horizon and addressed CRC NSCLC BC HER2+ BC HER2- RCC Adjuvant Approval Trials Xeloda (mono) P3, Xeloda (combo) P3 ; Tarceva Herceptin P3 Herceptin+ (in planning) P3 ; Xeloda Metastatic 1st line Approval Trials, Xeloda (mono) Filed (EU), Xeloda (EU,US) line ext with oxaliplatin P3 + Tarceva, Tarceva maint. Herceptin, (EU) P3 Herceptin+ ; Herceptin+ pertuzumab (EU), Xeloda P3 line ext. Roferon A Filed (EU) Metastatic 2nd line Approval Trials (US)+ filed (EU) Tarceva P3 Tarceva+ Herceptin Xeloda Xeloda P3 Approved Filed New market opportunities addressed 15 Funding Roche oncology products are cost-effective GBP in (000) Cost per QALY for selected drugs (UK data NICE/SMC) We aim to expand use of our products to earlierstage cancers, providing full benefit to patients st Line Follicular NHL Stage III/IV Aggressive NHL Herceptin early BC Tarceva 2nd line NSCLC Statins high risk Herceptin mbc Glivec CML Statins Elderly low risk 16 8

9 Oncology is still dramatically under funded Compared to other disease areas Mental disease 25.3% Total disease burden in DALYs Other 26.3% Cardiovascular 17.1% Cancer 16.7% Injuries 8.7% Resp. 5.9% Total healthcare costs Cancer 6.4% Cost breakdown in oncology (example: Germany) Inpatient hospital care 67% Drugs 8% Ambulatory 16% Other 9% Source: A pan-european comparison regarding patient access to cancer drugs, Karolinska Institute DALY: Disability-Adjusted Life Years, figures from 2002/3; Commonly used measure of the burden of disease 17 Roche has a low exposure to generics Long-term sustainable business Sales erosion due to generisation (% of 2004 sales) 100% 80% 60% Average European peers 40% 20% Roche 0%

10 Roche has a unique investment case Roche: Unique geographic risk diversification USA (Greater) Europe Japan Asia China Latin America in CRC Roche: Unique pillars of value risk diversification in NSCL in BC Xeloda adjuvant CRC adjuvant NSCLC Herceptin Tarceva Actemra in RA adjuvant in BC Pegasys Neo Recormon Mircera Diabetes Care CETP i GLP - 1 Immuno- Diagnostics Boniva CellCept Molecular Diagnostics Pertuzumab Ocrelizumab (AI) FUTURE PILLARS 19 The short/medium term sales perspective Challenge # 1: Achieve above industry-standard sales growth Conclusion # 1: Roche wants to maximize assets on hand and to translate value opportunities into reality 20 10

11 Challenge # 2 Turn attractive top line into attractive bottom line 2 Can we achieve an attractive top-line and still deliver strong EPS growth? Doing the right things right Three focus areas People are key! Activate potential and constantly educate: to learn faster than our competitors is the only sustainable factor of success! The right quantum size for Roche? Fixed cost versus variable cost Operational productivity 22 11

12 Activate our employees potential Constant education to overcome fear of change Number of employees To achieve our ambitions we have to activate the potential of our 72,000 employees! Our leadership and communications efforts have to concentrate here low Readiness for change high 23 What is the right quantum size for a sustainable Roche? Even if costs grow considerably slower than sales, there is risk that we build up too much infrastructure / fixed costs! Sales 24 12

13 Constantly improving operational productivity Operational productivity is an important key enabler for the Roche Group We must become better and cheaper in whatever we do! 25 Focus on differentiated products paying off Sales doubling, operating profits tripling Group sales 1 (CHF bn) Group operating profit 2 (CHF bn) % 20.2% 21.3% 22.9% 27.9% 25.9% Pharmaceuticals and Diagnostics 2 before exceptional items 26 13

14 Core EPS rising steadily Core EPS CAGR 1 ('02 '06): 23 % CHF Compound Annual Growth Rate Economic success translated into shareholder returns Again a substantial increase in 2006 Dividend CAGR 1 ( 91-06): 18 % CHF Compound Annual Growth Rate 1995 including centenary bonus 2006 Dividend: Proposed by the Board of Directors 1 compound annual growth rate 28 14

15 Short/medium term bottom-line perspective Challenge # 2: Achieve above industry-standard value creation Conclusion # 2: Roche has many programs running to ensure above industry standard EPS-growth 29 Challenge # 3 Filling the strategic gap Can we produce enough internal and external innovation to maintain the Roche Group s Leadership position?

16 Sustainable leadership How can we constantly provide benefit to customers? Innovation Research Development Production Marketing & Distribution Customer benefit Which degree of innovation (= medical differentiation) is necessary to jump regulatory and reimbursement hurdles? 31 Innovation and Change Management Performance improvements are not linear Performance Major obstacles are overcome; innovation reaches certain adoption level Innovation widely adopted; further pushing the performance with this innovation becomes increasingly difficult Time 32 16

17 Large-Scale Transformation Requires multiple S-Curves building on each other Performance Critical for large scale transformation is that major innovations build on each other Quantum change Continuous improvement; preparation of next quantum change Time Combination of quantum-leap progress and continuous improvement Organisation needs a major step change every few years followed by a period of stability to digest, optimize and continuous improvements 33 The Roche hub & spoke -model: Roche controls the global value chain, but is open for Research partnerships Roche core Innovation partners Research Development Production Marketing + Distribution 34 17

18 Access to Innovation is key - competition growing Costs of third party innovation is raising steeply! Average cost of in-licensing (Rx), $m Early-stage Late-stage Average cost of in-licensing deals rose 40% (CAGR) since 2000 By 2010, 40% of Pharma peers revenues expected to come from external sources of innovation Roche 2015: Disease Biology Areas (DBAs) Alignment and focus Disease Biology Areas Idea DBA Oncology DBLT DBA Metabolic DBLT DBA CNS DBLT Market Focus on five DBAs Decisions made by Disease Biology Leadership Teams (DBLTs) against measurable metrics Up to Proof of Concept: DBLTs manage compound progression within respective DBA After Proof of Concept: DBLTs responsible for conducting scientific/ medical reviews and providing options to Pharma Leadership Team DBA Inflammatory DBLT Clear focus More independent and flexible disease areas DBA Viral DBLT Faster and simpler decision processes 36 18

19 Key drivers in place for sustainable growth Current and projected sources of value creation (phase IIb and III) mcrc, NSCLC NHL Herceptin adjuvant BC mbc extensions Actemra RA RA Tarceva 1st line maint. Xeloda adj. BC CLL Tarceva+ combo 2nd line adjuvant Colon cancer GLP-1 T2 diabetes HPV16 therapeutic vaccine adjuvant Lung cancer Pertuzumab mbc Ocrelizumab RA, lupus adjuvant Breast cancer CETP inhibitor HCV Polymerase Inhibitor Ocrelizumab MS Illustrative Roche key therapeutic areas Current and future pillars of growth Oncology Xeloda Herceptin Tarceva Pertuzumab Apomab Apo2L/TRAIL ARQ 15 phase I compounds On Hand RA/Autoimmune Actemra R1594 ocrelizumab PNP inhibitor 5 phase I compounds Metabolic R1583 GLP-1 R1658 CETP Inh. R1439 dual PPAR R1579 DPP-IV 3 phase I compounds Promising Late Stage Virology Tamiflu Pegasys R1626 Polym. Inh. R7227 Protease Inh. R7128 Polym. Inh. R3484 HPV16 Emerging Mid-Term CNS 6 phase I compounds Early Stage 38 19

20 YTD Sep 2007: Autoimmune portfolio Ocrelizumab additionally developed for MS and lupus RA Phase I Phase II Phase III R7277 (RA) Toyama Ocrelizumab (RA) (RA) DMARD IR Actemra (RA) Approved (RA TNF IR) All Autoimmune R7277 (RA) Toyama R3477 (MS) Actelion R1295 (MS) IFN-alpha Ab (SLE) GNE Ocrelizumab (SLE) Ocrelizumab (LN) Ocrelizumab (RRMS) (RRMS) GNE moving to ph. 3 moving to ph. 3 Ocrelizumab (RA) (PPMS) GNE ANCA avasc. GNE (SLE) GNE (RA) DMARD IR Actemra (RA) Actemra (sjia) CellCept (LN) (RA TNF IR) R3421 (AI) Biocryst (LN) GNE CellCept (PV) 39 YTD Sep 2007 Metabolism/Diabetes pipeline making good progress- major new area for Roche emerging CETP Inhibitor Phase IIb data available internally: very encouraging Torcetrapib side effects (elevated blood pressure) appear compound-specific GLP-1 phase II data available soon First phase II data (sustained release formulation) before year end Decision for phase III to be taken in early 2008 DDP-IV (3) moves into phase II Good safety profile Potential for weight reduction? 40 20

21 Long-term perspective Roche 2015 is a crucial platform Challenge # 3: Filling the value gap Conclusion 3: With Roche 2015 we have the right platform in place to identify the right priorities 41 We Innovate Healthcare 21

Roche Committed to innovation and profitable growth. Dr. Karl Mahler Head of Investor Relations. London, July 2011

Roche Committed to innovation and profitable growth. Dr. Karl Mahler Head of Investor Relations. London, July 2011 Roche Committed to innovation and profitable growth Dr. Karl Mahler Head of Investor Relations London, July 2011 2 This presentation contains certain forward-looking statements. These forward-looking statements

More information

Investors/Analysts Conference London, July 2010 Ian Bishop

Investors/Analysts Conference London, July 2010 Ian Bishop Investors/Analysts Conference London, July 2010 Ian Bishop This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as believes, expects,

More information

Roche A sustainable business model based on innovation and productivity gains

Roche A sustainable business model based on innovation and productivity gains Roche A sustainable business model based on innovation and productivity gains William M. Burns, CEO Roche Pharmaceuticals Vontobel Summer Conference 2009, Interlaken 1 This presentation contains certain

More information

Roche Interim results 2006. Roche Interim Results 2006 July 20, 2006 1

Roche Interim results 2006. Roche Interim Results 2006 July 20, 2006 1 r Roche Interim results 2006 London, July 20, 2006 July 20, 2006 1 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as believes,

More information

Roche Diagnostics. Daniel O Day COO Roche Diagnostics. Bernstein 8 th Annual Decisions Conference, London September 20, 2011

Roche Diagnostics. Daniel O Day COO Roche Diagnostics. Bernstein 8 th Annual Decisions Conference, London September 20, 2011 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as believes, expects, anticipates, projects, intends, should, seeks, estimates,

More information

Income Statement Format and Disclosures 2007 Conference call for Financial Analysts, November 2007 Ian Bishop

Income Statement Format and Disclosures 2007 Conference call for Financial Analysts, November 2007 Ian Bishop Income Statement Format and Disclosures 2007 Conference call for Financial Analysts, November 2007 Ian Bishop This presentation contains certain forward-looking statements. These forward-looking statements

More information

Investors/Analysts Conference London/New York, February 2012 Ian Bishop

Investors/Analysts Conference London/New York, February 2012 Ian Bishop Investors/Analysts Conference London/New York, February 2012 Ian Bishop This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as

More information

Nine-month sales show continued double-digit growth significantly above the market average

Nine-month sales show continued double-digit growth significantly above the market average Investor Update Basel, 14 October 2004 Nine-month sales show continued double-digit growth significantly above the market average Roche Group Sales in core businesses up by 14%* to 21.9 billion Swiss francs

More information

Roche Diagnostics Driving Personalized Healthcare

Roche Diagnostics Driving Personalized Healthcare r his presentation contains certain forward-looking statements. hese forward-looking statements may be identified by words such as believes, expects, anticipates, projects, intends, should, seeks, estimates,

More information

Company Presentation June 2011 Biotest AG 0

Company Presentation June 2011 Biotest AG 0 Company Presentation June 2011 0 Disclaimer This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and asset situation of and

More information

New Mid-Term Business Plan Sunrise 2012

New Mid-Term Business Plan Sunrise 2012 New Mid-Term Business Plan Sunrise 2012 CHUGAI PHARMACEUTICAL CO.,LTD. President and CEO Osamu Nagayama January 30/31, 2008 Forward Looking Statements This presentation may include forward looking statements

More information

+4.7 +4.3 +3.9 +6.2 +4.5. Net debt (6,708) (10,599) 37 38. Capitalisation 39,884 41,340 4 +2 Debt 18,643 24,590 24 22 Equity 21,241 16,750 +27 +37

+4.7 +4.3 +3.9 +6.2 +4.5. Net debt (6,708) (10,599) 37 38. Capitalisation 39,884 41,340 4 +2 Debt 18,643 24,590 24 22 Equity 21,241 16,750 +27 +37 Finance Report Finance in brief Key results Sales CER growth % Core operating profit margin, % of sales Pharmaceuticals 2013 +6.7 2012 +4.7 44.4 44.0 Diagnostics 2013 2012 +4.3 +3.9 20.8 21.3 Group 2013

More information

Three months ended 31 March

Three months ended 31 March Media Release Basel, 15 April 2010 Excellent growth in first quarter of 2010 Group sales up 9% in local currencies to 12.2 billion Swiss francs in first three months (+6% in Swiss francs, +15% in US dollars).

More information

Roche reports solid sales growth in the first quarter of 2016

Roche reports solid sales growth in the first quarter of 2016 Media Release Basel, 19 April 2016 Roche reports solid sales growth in the first quarter of 2016 Group sales up 4% 1 at constant exchange rates, 5% in Swiss francs Pharmaceuticals Division sales increase

More information

Investor Update. Roche posts very strong interim results. Basel, 20 July 2005

Investor Update. Roche posts very strong interim results. Basel, 20 July 2005 Investor Update Basel, 20 July 2005 Roche posts very strong interim results Roche Group Group sales up 17%. Pharmaceutical sales grow three times faster than the global market Operating profit rises 30%,

More information

Third-Quarter 2015 Earnings Conference Call Executive Commentary Highlights. October 27, 2015

Third-Quarter 2015 Earnings Conference Call Executive Commentary Highlights. October 27, 2015 Third-Quarter 2015 Earnings Conference Call Executive Commentary Highlights October 27, 2015 Forward-Looking Statement of Merck & Co., Inc., Kenilworth, N.J., USA This presentation of Merck & Co., Inc.,

More information

We Innovate Healthcare

We Innovate Healthcare Part 1 Roche Annual Report 2007 Business Report We Innovate Healthcare We Innovate Healthcare As a research-intensive healthcare company, Roche discovers, develops and provides innovative diagnostic and

More information

We Innovate Healthcare

We Innovate Healthcare Part 2 Roche Annual Report 2007 Finance Report We Innovate Healthcare We Innovate Healthcare As a research-intensive healthcare company, Roche discovers, develops and provides innovative diagnostic and

More information

Key Findings. Use this report to... The Autoimmune Market Outlook to 2013

Key Findings. Use this report to... The Autoimmune Market Outlook to 2013 Key Findings The global autoimmune market generated sales of $31.9bn in, an increase of 14.4% over 2006 sales. The market is forecast to grow at a CAGR of 8.1% to reach a total value of $51.0bn in 2013.

More information

Autoimmune Diseases More common than you think Randall Stevens, MD

Autoimmune Diseases More common than you think Randall Stevens, MD Autoimmune Diseases More common than you think Randall Stevens, MD picture placeholder Autoimmune Diseases More than 60 different disorders Autoimmune disorders (AID) diseases caused by the immune system

More information

2014 Wells Fargo Healthcare Conference June 17, 2014 NYSE: Q

2014 Wells Fargo Healthcare Conference June 17, 2014 NYSE: Q 2014 Wells Fargo Healthcare Conference June 17, 2014 NYSE: Q Copyright 2013 Quintiles Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements

More information

Roche: Ensuring sustained success in a more challenging environment

Roche: Ensuring sustained success in a more challenging environment Roche: Ensuring sustained success in a more challenging environment JP Morgan - January 2011 Dr. Erich Hunziker, Deputy Head of the Corporate Executive Committee and CFO This presentation contains certain

More information

+0.1 +3.9 +5.9 +4.5 +1.4

+0.1 +3.9 +5.9 +4.5 +1.4 Finance Report Finance in brief Key results Sales CER growth % Core operating profit margin, % of sales Pharmaceuticals 2012 +4.7 2011 +0.1 44.0 40.9 Diagnostics 2012 2011 +3.9 +5.9 21.3 22.4 Group 2012

More information

Daiichi Sankyo to Acquire Ambit Biosciences

Daiichi Sankyo to Acquire Ambit Biosciences For Immediate Release Company name: DAIICHI SANKYO COMPANY, LIMITED Representative: Joji Nakayama, Representative Director, President and CEO (Code no.: 4568, First Section, Tokyo Stock Exchange) Please

More information

Clinical trials: The EU perspective. Dr Karim Berkouk, Deputy Head of Unit DG for Research and Innovation Health Directorate European Commission

Clinical trials: The EU perspective. Dr Karim Berkouk, Deputy Head of Unit DG for Research and Innovation Health Directorate European Commission Clinical trials: The EU perspective Dr Karim Berkouk, Deputy Head of Unit DG for Research and Innovation Health Directorate European Commission Content 1.EU: The global picture 2.EU & Clinial trials: The

More information

Multiple Sclerosis. Current and Future Players. GDHC1009FPR/ Published March 2013

Multiple Sclerosis. Current and Future Players. GDHC1009FPR/ Published March 2013 Multiple Sclerosis Current and Future Players GDHC1009FPR/ Published March 2013 Executive Summary Moderate Growth in the Multiple Sclerosis Market is Expected from 2012 2022 GlobalData estimates the 2012

More information

Commercial Insight: Cancer Targeted Therapies and Immunotherapies -Top monoclonal antibody brands will resist competitive pressures through to 2019

Commercial Insight: Cancer Targeted Therapies and Immunotherapies -Top monoclonal antibody brands will resist competitive pressures through to 2019 Brochure More information from http://www.researchandmarkets.com/reports/1314569/ Commercial Insight: Cancer Targeted Therapies and Immunotherapies -Top monoclonal antibody brands will resist competitive

More information

Diagnostics Division. Roland Diggelmann COO Roche Diagnostics. Picture

Diagnostics Division. Roland Diggelmann COO Roche Diagnostics. Picture Diagnostics Division Roland Diggelmann COO Roche Diagnostics Picture HY 2013: Roche Group highlights HY 2013 performance Strong Pharma performance, driven by US; solid growth for Diagnostics 12% core EPS

More information

Roche on track for full-year targets good sales growth in first quarter

Roche on track for full-year targets good sales growth in first quarter Investor Update Basel, 12 April 2012 Roche on track for full-year targets good sales growth in first quarter Group sales rise 2% at CER 1 (-1% in Swiss francs; +1% in US dollars) to 11.0 billion Swiss

More information

91,747 employees in over 100 countries

91,747 employees in over 100 countries Roche in Brief 2015 Roche Who we are Who we are Roche Who we are 91,747 employees in over 100 countries CHF 48.1 bn in Group sales in 2015 # 1 in biotech, oncology, in vitro diagnostics and hospital market

More information

Investor science event at ADA 2008 San Francisco, 9 June 2008

Investor science event at ADA 2008 San Francisco, 9 June 2008 Investor science event at ADA 2008 San Francisco, 9 June 2008 Forward-looking statements This presentation contains certain forward-looking statements. These forward-looking statements may be identified

More information

New Advances in Cancer Treatments. March 2015

New Advances in Cancer Treatments. March 2015 New Advances in Cancer Treatments March 2015 Safe Harbour Statement This presentation document contains certain forward-looking statements and information (collectively, forward-looking statements ) within

More information

We Innovate Healthcare

We Innovate Healthcare Part 2 Roche Annual Report 2006 Finance Report We Innovate Healthcare Innovation spanning the entire healthcare spectrum As a pharmaceuticals and a diagnostics company, Roche brings pioneering products

More information

A LEADING GLOBAL HEALTH CARE GROUP. Frankfurt Stock Exchange (DAX30): FRE US ADR program (OTC): FSNUY wwww.fresenius.com/investors

A LEADING GLOBAL HEALTH CARE GROUP. Frankfurt Stock Exchange (DAX30): FRE US ADR program (OTC): FSNUY wwww.fresenius.com/investors A LEADING GLOBAL HEALTH CARE GROUP Frankfurt Stock Exchange (DAX30): FRE US ADR program (OTC): FSNUY wwww.fresenius.com/investors SAFE HARBOR STATEMENT This presentation contains forward-looking statements

More information

Key figures 2015 CHF millions % change

Key figures 2015 CHF millions % change Media Release Basel, 28 January 2016 Roche reports strong results in 2015 Group sales increased by 5% 1 at constant exchange rates, 1% in Swiss francs Pharmaceuticals Division sales up 5%, driven by oncology

More information

Core results Research and development 8,913 8,700 +2 +4 18.8 18.6 Core operating profit 17,636 17,904 1 +3 37.2 38.3 Core EPS (CHF) 14.29 14.

Core results Research and development 8,913 8,700 +2 +4 18.8 18.6 Core operating profit 17,636 17,904 1 +3 37.2 38.3 Core EPS (CHF) 14.29 14. Finance Report 2014 Finance in brief Key results Sales CER growth % Core operating profit margin, % of sales Pharmaceuticals 2014 +4.5 2013 +6.7 43.6 44.4 Diagnostics 2014 2013 +6.4 +4.3 19.5 20.8 Group

More information

Committed to innovation and growth

Committed to innovation and growth Committed to innovation and growth Alan Hippe, CFO Roche Group London, September 2012 This presentation contains certain forward-looking statements. These forward-looking statements may be identified by

More information

Breakthrough oral drug delivery technology for diabetes, drugs and vaccines November 5, 2014

Breakthrough oral drug delivery technology for diabetes, drugs and vaccines November 5, 2014 Oramed Pharmaceuticals, Inc. Initiating Report Breakthrough oral drug delivery technology for diabetes, drugs and vaccines November 5, 2014 Key data Sector Rating Biotechnology BUY Target Price $45.00

More information

OPKO Health to Acquire Bio-Reference Laboratories

OPKO Health to Acquire Bio-Reference Laboratories OPKO Health to Acquire Bio-Reference Laboratories - Complementary in-depth expertise in diagnostics business with state of the art experience in use of genomic data for personalized therapy - Acquisition

More information

TABLE OF CONTENTS. Introduction...1. Chapter1 AdvancesinTreatment...2. Chapter2 MedicinesinDevelopment...11. Chapter3 ValueandSpending...

TABLE OF CONTENTS. Introduction...1. Chapter1 AdvancesinTreatment...2. Chapter2 MedicinesinDevelopment...11. Chapter3 ValueandSpending... CANCER TABLE OF CONTENTS Introduction...1 Chapter1 AdvancesinTreatment...2 Chapter2 MedicinesinDevelopment......11 Chapter3 ValueandSpending......15 Chapter4 Conclusion...22 INTRODUCTION Researchers and

More information

Ipsen Jefferies Healthcare Conference

Ipsen Jefferies Healthcare Conference Ipsen Jefferies Healthcare Conference November 2015 IPSEN pour nom de la société - 07/04/2011 / page 1 Disclaimer This presentation includes only summary information and does not purport to be comprehensive.

More information

Slide 1. Region China overview and strategy. Camilla Sylvest SVP Region China. TEAM NOVO NORDISK Professional cycling team

Slide 1. Region China overview and strategy. Camilla Sylvest SVP Region China. TEAM NOVO NORDISK Professional cycling team Slide 1 Region China overview and strategy Camilla Sylvest SVP Region China TEAM NOVO NORDISK Professional cycling team Slide 2 Forward-looking statements Novo Nordisk s reports filed with or furnished

More information

Media release. Strong operating results for Roche in 2008. Basel, 4 February 2009

Media release. Strong operating results for Roche in 2008. Basel, 4 February 2009 Media release R Basel, 4 February 2009 Strong operating results for Roche in 2008 Double-digit sales growth * Core Earnings per share at constant exchange rates above 2007 level Dividend increase by 9%

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Credit Suisse Global Health Care Conference, March 4, 2015 For detailed financial information please see our annual/quarterly reports and/or conference call materials

More information

REFERENCE CODE GDHC256CFR PUBLICAT ION DATE SEPTEMBER 2014 HER2-POSITIVE BREAST CANCER CHINA DRUG FORECAST AND MARKET ANALYSIS TO 2023

REFERENCE CODE GDHC256CFR PUBLICAT ION DATE SEPTEMBER 2014 HER2-POSITIVE BREAST CANCER CHINA DRUG FORECAST AND MARKET ANALYSIS TO 2023 REFERENCE CODE GDHC256CFR PUBLICAT ION DATE SEPTEMBER 2014 HER2-POSITIVE BREAST CANCER CHINA DRUG FORECAST AND MARKET ANALYSIS TO 2023 Executive Summary Sales for HER2-Positive Breast Cancer in China Market

More information

Core therapeutic areas

Core therapeutic areas Core therapeutic areas Platforms for growth Luke Miels, Executive Vice President, Global Portfolio & Product Strategy and Corporate Affairs Current business is led by core therapeutic areas Sales 9M 2014

More information

Siegfried when substance matters Semi-annual report 2008

Siegfried when substance matters Semi-annual report 2008 Siegfried when substance matters Semi-annual report 2008 Key figures Continuing Operations 1 st Half-Year 2008 1 st Half-Year 2007 Difference Change in % Net sales (million CHF) 159.6 157.8 1.8 1.2 Net

More information

Roche delivers continued growth in the first half of 2016

Roche delivers continued growth in the first half of 2016 Media Release Basel, 21 July 2016 Roche delivers continued growth in the first half of 2016 Group sales increased by 5% 1 at constant exchange rates, 6% in Swiss francs Pharmaceuticals Division sales up

More information

The Future of Monoclonal Antibodies Therapeutics: Innovation in Antibody Engineering, Key Growth Strategies and Forecasts to 2011

The Future of Monoclonal Antibodies Therapeutics: Innovation in Antibody Engineering, Key Growth Strategies and Forecasts to 2011 Brochure More information from http://www.researchandmarkets.com/reports/344881/ The Future of Monoclonal Antibodies Therapeutics: Innovation in Antibody Engineering, Key Growth Strategies and Forecasts

More information

Pharmaceuticals Division in brief

Pharmaceuticals Division in brief Division in brief Sales in millions of CHF 2007 2006 2005 36,783 33,294 27,268 Operating profit before exceptional items in millions of CHF 2007 2006 2005 13,042 10,545 7,539 Number of employees 2007 2006

More information

Avastin (Renal Cell Carcinoma) - Analysis and Forecasts to 2022

Avastin (Renal Cell Carcinoma) - Analysis and Forecasts to 2022 Brochure More information from http://www.researchandmarkets.com/reports/2228475/ Avastin (Renal Cell Carcinoma) - Analysis and Forecasts to 2022 Description: Avastin (Renal Cell Carcinoma) Analysis and

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Commerzbank German Investment Seminar January 11/12, 2016 For detailed financial information please see our annual/quarterly reports and/or conference call materials

More information

Media Release. Basel, 11 June 2009. RA patients with enhanced response identified

Media Release. Basel, 11 June 2009. RA patients with enhanced response identified Media Release Basel, 11 June 2009 New data demonstrate the ability of MabThera to reduce the progression of joint damage when used as a first-line biologic treatment in rheumatoid arthritis RA patients

More information

FDA approves Rituxan/MabThera for first-line maintenance use in follicular lymphoma

FDA approves Rituxan/MabThera for first-line maintenance use in follicular lymphoma Media Release Basel, 31 January 2011 FDA approves Rituxan/MabThera for first-line maintenance use in follicular lymphoma Approval provides option that improves the length of time people with incurable

More information

Nokia Conference Call Third Quarter 2004 Financial Results. Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO

Nokia Conference Call Third Quarter 2004 Financial Results. Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO Nokia Conference Call Third Quarter 2004 Financial Results Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO Ulla James Vice President, Investor Relations October 14, 2004 15.00

More information

Biotest Group. H1 2014 Conference call 12 August 2014

Biotest Group. H1 2014 Conference call 12 August 2014 Biotest Group H1 2014 Conference call 12 August 2014 Disclaimer This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and asset

More information

J.P. Morgan 2016 Healthcare Conference CEO. January 12, 2016 NYSE: Q. Copyright 2016 Quintiles

J.P. Morgan 2016 Healthcare Conference CEO. January 12, 2016 NYSE: Q. Copyright 2016 Quintiles J.P. Morgan 2016 Healthcare Conference Tom Pike CEO January 12, 2016 Copyright 2016 Quintiles NYSE: Q Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking

More information

A LEADING GLOBAL HEALTHCARE COMPANY

A LEADING GLOBAL HEALTHCARE COMPANY A LEADING GLOBAL HEALTHCARE COMPANY Roadshow Boston March 2, 2016 Frankfurt stock exchange (DAX30): FRE US ADR program (OTC): FSNUY www.fresenius.com/investors SAFE HARBOR STATEMENT This presentation contains

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group HSBC Healthcare Day, November 12, 2014 For detailed financial information please see our annual/quarterly reports and/or conference call materials on www.fresenius.com/ir.

More information

Life Sciences and Materials Sciences Presentation to Investors Q3 Results 2014, 4 November 2014. Page

Life Sciences and Materials Sciences Presentation to Investors Q3 Results 2014, 4 November 2014. Page Life Sciences and Materials Sciences Presentation to Investors Q3 Results 2014, 4 November 2014 Safe harbor statement This presentation may contain forward-looking statements with respect to DSM s future

More information

First Quarter 2015 Earnings Conference Call. May 12, 2015

First Quarter 2015 Earnings Conference Call. May 12, 2015 First Quarter 2015 Earnings Conference Call May 12, 2015 Forward Looking Statements Statements made in this presentation that relate to our future performance or future financial results or other future

More information

Healthcare Solid performance, strong perspectives Siemens Capital Market Day Berlin, December 9, 2014

Healthcare Solid performance, strong perspectives Siemens Capital Market Day Berlin, December 9, 2014 Hermann Requardt Member of the Managing Board & Healthcare CEO Healthcare Solid performance, strong perspectives Siemens Capital Market Day Notes and forward-looking statements This document contains statements

More information

The Future of Consumer Health Care

The Future of Consumer Health Care The Future of Consumer Health Care Coming Together To Lead The Consumer Health Care Industry 2 Creating a New Business Model in Consumer Health Care 3 Serve More Consumers In More Parts of the World, More

More information

Roche Finance Report Roche

Roche Finance Report Roche 2010 Roche Finance Report Table of contents Roche Group 2 Finance in brief 2 Finance 2010 in brief 3 Financial Review 4 Roche Group Consolidated Financial Statements 34 Notes to the Roche Group Consolidated

More information

This presentation contains forward-looking statements (made pursuant to the safe harbour provisions of the Private

This presentation contains forward-looking statements (made pursuant to the safe harbour provisions of the Private Safe Harbour Statement This presentation contains forward-looking statements (made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995). By their nature, forward-looking

More information

Q3 2015 Financial Results and Corporate Update. November 4, 2015

Q3 2015 Financial Results and Corporate Update. November 4, 2015 Q3 2015 Financial Results and Corporate Update November 4, 2015 Introductions and Forward- Looking Statements Silvia Taylor, SVP Investor Relations and Corporate Affairs Agenda Introductions and Forward-Looking

More information

Chasing growth in a constrained environment

Chasing growth in a constrained environment Chasing growth in a constrained environment Bernard Fontana CEO June 14, 2012 Agenda 1 Drivers of demand growth 2 Allocating the asset footprint according to demand 3 Growth from customer excellence &

More information

2011 Annual Stockholder Meeting October 12, 2011

2011 Annual Stockholder Meeting October 12, 2011 2011 Annual Stockholder Meeting October 12, 2011 Jeff Henley Chairman of the Board Safe Harbor Statement Statements in this presentation relating to Oracle's or its Board of Directors

More information

Q3 2015 Conference Call

Q3 2015 Conference Call November 4, 2015 Q3 2015 Conference Call 1 Safe Harbour This presentation includes forward-looking statements. Actual results could differ materially from those included in the forward-looking statements

More information

Dresdner Kleinwort German Investment Seminar. January 14-16, 2008

Dresdner Kleinwort German Investment Seminar. January 14-16, 2008 Dresdner Kleinwort German Investment Seminar January 14-16, 2008 Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future

More information

Commercial Insight: Disease Modification in Rheumatoid Arthritis - Market awaits game changing therapies and strategies

Commercial Insight: Disease Modification in Rheumatoid Arthritis - Market awaits game changing therapies and strategies Brochure More information from http://www.researchandmarkets.com/reports/1504775/ Commercial Insight: Disease Modification in Rheumatoid Arthritis - Market awaits game changing therapies and strategies

More information

Theravance Biopharma, Inc. Reports Second Quarter 2015 Financial Results and Provides Business Update

Theravance Biopharma, Inc. Reports Second Quarter 2015 Financial Results and Provides Business Update August 10, 2015 Theravance Biopharma, Inc. Reports Second Quarter 2015 Financial Results and Provides Business Update DUBLIN, IRELAND -- (Marketwired) -- 08/10/15 -- Theravance Biopharma, Inc. (NASDAQ:

More information

Bayer Invests Heavily in R&D and is committed to innovation Sustained Innovation Output from all Subgroups

Bayer Invests Heavily in R&D and is committed to innovation Sustained Innovation Output from all Subgroups Open Innovation@BayerHealthCare Dr. Daniel Forler External Innovation Therapeutics Global Drug Discovery, Bayer HealthCare ASTP-Proton Conference Page 1 Bayer Invests Heavily in R&D and is committed to

More information

Craig Hallum Conference Investor Presentation

Craig Hallum Conference Investor Presentation Craig Hallum Conference Investor Presentation Improving cancer outcomes with groundbreaking precision in molecular testing Paul Kinnon President and CEO Sept 2015 1 Forward-Looking Statements Certain statements

More information

Diagnostics: Growth through innovation and Personalised Healthcare. Daniel O Day, COO Roche Diagnostics

Diagnostics: Growth through innovation and Personalised Healthcare. Daniel O Day, COO Roche Diagnostics Diagnostics: Growth through innovation and Personalised Healthcare Daniel O Day, COO Roche Diagnostics Roche Diagnostics portfolio overview Industry leading businesses covering the entire IVD spectrum

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

PlantForm Corporation

PlantForm Corporation PlantForm Corporation Professor J. Christopher Hall CSO PlantForm Corporation Canada s Top10 Winner Life Sciences 2008/9 Innovator of the Year Guelph, Canada, 2010 Opportunity The introduction of more

More information

Credit Suisse Global Health Care Conference. March 5, 2013

Credit Suisse Global Health Care Conference. March 5, 2013 Credit Suisse Global Health Care Conference March 5, 2013 Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future results

More information

2015 Second Quarter Business Review (unaudited) July 23, 2015

2015 Second Quarter Business Review (unaudited) July 23, 2015 2015 Second Quarter Business Review (unaudited) July 23, 2015 1 Forward Looking Statement This presentation contains forward-looking information about 3M's financial results and estimates and business

More information

Diageo reports strong sales momentum

Diageo reports strong sales momentum Diageo reports strong sales momentum 29 June 2006 Diageo plc Diageo will announce preliminary results for the year ending 30 June 2006 on 31 August 2006 and has today issued the following statement. Summary

More information

GLOBAL WEALTH & INSURANCE. September 25, 2013

GLOBAL WEALTH & INSURANCE. September 25, 2013 GLOBAL WEALTH & INSURANCE September 25, 2013 Global Wealth & Insurance Investor Day September 2013 Introduction Peter Slan Senior Vice President Investor Relations Scotiabank Investor Day Series Global

More information

Avastin in breast cancer: Summary of clinical data

Avastin in breast cancer: Summary of clinical data Avastin in breast cancer: Summary of clinical data Worldwide, over one million people are diagnosed with breast cancer every year 1. It is the most frequently diagnosed cancer in women 1,2, and the leading

More information

Intuit Reports Third-Quarter Results; Total Revenue Increases 13 Percent

Intuit Reports Third-Quarter Results; Total Revenue Increases 13 Percent May 21, 2013 Intuit Reports Third-Quarter Results; Total Revenue Increases 13 Percent Small Business Group Grows Revenue 17 Percent MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU) today

More information

9. WestLB Deutschland Conference. Frankfurt November 16, 2011

9. WestLB Deutschland Conference. Frankfurt November 16, 2011 9. WestLB Deutschland Conference Frankfurt November 16, 2011 Safe Harbour This presentation includes forward-looking statements. Actual results could differ materially from those included in the forward-looking

More information

FORM 6-K. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. Report of Foreign Private Issuer

FORM 6-K. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. Report of Foreign Private Issuer FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of August 2011

More information

F. Hoffmann-La Roche Ltd 4070 Basel, Switzerland. All trademarks are legally protected. www.roche.com. Finance Report 2015. Roche

F. Hoffmann-La Roche Ltd 4070 Basel, Switzerland. All trademarks are legally protected. www.roche.com. Finance Report 2015. Roche F. Hoffmann-La Roche Ltd 4070 Basel, Switzerland 2016 All trademarks are legally protected. www.roche.com Roche Finance Report 2015 0 000 000 E Finance Report 2015 Finance in brief Key results Sales CER

More information

How To Understand And Understand The Business Of Advanced Marker Discovery

How To Understand And Understand The Business Of Advanced Marker Discovery Advanced Marker Discovery S. L. Executive Summary CONFIDENTIAL The document is an introduction to Advanced Marker Discovery, S.L., ( Amadix or the Company ) and is not an offer to sell, or a solicitation

More information

Company Presentation

Company Presentation Company Presentation DISCLAIMER This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and asset situation of amp biosimilars

More information

An integrated global healthcare company

An integrated global healthcare company An integrated global healthcare company 1 A Mission to create healthier communities globally Zydus Cadila is dedicated to life In all its dimensions. Our world is shaped by a passion for innovation, commitment

More information

34 th Annual J. P. Morgan Healthcare Conference. January 11 th -13 th, 2016 San Francisco

34 th Annual J. P. Morgan Healthcare Conference. January 11 th -13 th, 2016 San Francisco 34 th Annual J. P. Morgan Healthcare Conference January 11 th -13 th, 2016 San Francisco 1 Business update Q3 and nine months 2015 2 Strong underlying operational performance Q3/9m Highlights Q3 Performance

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Annual General Meeting of Roche Holding Ltd 2 March 2010

Annual General Meeting of Roche Holding Ltd 2 March 2010 r Annual General Meeting of Roche Holding Ltd 2 March 2010 Address by Severin Schwan CEO of the Roche Group (Check against delivery.) Address by Severin Schwan Page 2 of 14 Ladies and Gentlemen, Fellow

More information

Tax Implications of the Covidien Acquisition to Medtronic Employees

Tax Implications of the Covidien Acquisition to Medtronic Employees To: All Medtronic Employees Date: Friday, June 27, 2014 Tax Implications of the Covidien Acquisition to Medtronic Employees Dear Colleagues, On June 15, 2014, Medtronic and Covidien publicly announced

More information

EDWARDS LIFESCIENCES REPORTS STRONG FIRST QUARTER RESULTS DRIVEN BY SALES GROWTH OF 18.8 PERCENT

EDWARDS LIFESCIENCES REPORTS STRONG FIRST QUARTER RESULTS DRIVEN BY SALES GROWTH OF 18.8 PERCENT Edwards Lifesciences Corporation One Edwards Way Irvine, CA USA 92614 Phone: 949.250.2500 Fax: 949.250.2525 www.edwards.com FOR IMMEDIATE RELEASE Media Contact: Amanda C. Fowler, 949-250-5070 Investor

More information

Investor science conference call from ADA 2009 New Orleans, 8 June 2009

Investor science conference call from ADA 2009 New Orleans, 8 June 2009 Investor science conference call from ADA 2009 New Orleans, 8 June 2009 Forward-looking statements This presentation contains certain forward-looking statements. These forward-looking statements may be

More information

Richard T. Clark Chief Executive Officer and President. Executing on Our Strategy

Richard T. Clark Chief Executive Officer and President. Executing on Our Strategy Richard T. Clark Chief Executive Officer and President Executing on Our Strategy Merck s Plan to Win: Preparing for Our Future Success BECOME THE MOST TRUSTED INDUSTRY LEADER IN DELIVERING VALUE TO CUSTOMERS

More information

Annual Press Conference 2012. Business Year 2011

Annual Press Conference 2012. Business Year 2011 Business Year 2011 Highlights of the Business Year 2011 Andreas Barner Chairman of the Board of Managing Directors Corporate Board Division Pharma Research, Development and Medicine Value through Innovation

More information

How To Profit From Oil And Gas

How To Profit From Oil And Gas 2 nd Quarter 2015 Torgrim Reitan, CFO Second quarter 2015 Encouraging results in current market environment Efficiency improvements coming through Solid operational performance Strong cash flow and reduced

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Commerzbank Sector Conference September 8, 2014 For detailed financial information please see our annual/quarterly reports and/or conference call materials on www.fresenius.com/ir.

More information