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Roche raises 2021 outlook as COVID-19 tests continue powering sales -Breaking

by Mike Robinson

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© Reuters.

(Reuters) – Roche raised its 2021 sales forecast on Wednesday after the Swiss drugmaker posted an 8% rise in nine-month revenues, powered by demand for COVID-19 tests and strength in the overall business helped by newly launched diagnostics platforms.

Overall sales in the nine months to September rose to 46.68 billion Swiss francs ($50.54 billion) from 43.98 billion Swiss francs last year, the Basel-based company said.

($1 = 0.9237 Swiss francs)

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