Streetbeat News

RHHBY

Roche Holding AG

CEO

Severin Schwan

Industry

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Open

38.00

Mkt cap

243B

Volume

134K

High

38.00

P/E Ratio

19.93

52-wk high

42.43

Low

37.44

Div yield

0.04

52-wk low

29.20

Blood tests for diagnosing Alzheimer's disease are in development but not yet approved by regulators or insurance reimbursement. Eisai Co Ltd's and Biogen Inc's new Alzheimer's drug, Leqembi, currently relies on cognitive assessments or invasive cerebrospinal fluid tests. Laboratory Corporation Of America Holdings and Quest Diagnostics Incorporated have introduced blood tests measuring amyloid, tau, and neurodegeneration. Eli Lilly And Co is working with Quanterix on an experimental tau biomarker blood test and has partnered with Roche Holdings AG to develop a test measuring blood levels of a different tau protein and a gene associated with Alzheimer's risk.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 6:27 pm

Roche's Genentech has announced results from the Phase IV CHIMES trial evaluating Ocrevus in Black and Hispanic / Latinx people with relapsing multiple sclerosis.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:10 am

Roche's Genentech announced late-breaking Phase III results showing that subcutaneous injection of Ocrevus was non-inferior to intravenous infusion based on Ocrevus levels in the blood over 12 weeks. The safety profile of Ocrevus subcutaneous injection was consistent with the well-established safety profile of Ocrevus IV infusion. The 10-minute subcutaneous injection has potential to improve the treatment experience and expand usage for people with multiple sclerosis (MS) in centers with IV capacity limitations.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 7:08 am

Roche's Genentech has announced the topline results from its global Phase III BALATON and COMINO studies, which evaluated extended Vabysmo® treatment intervals for macular edema. The results of these studies could potentially impact the future use and sales of Vabysmo®.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:46 am

Roche Group's Genentech has presented results from the primary analysis of the ongoing RAINBOWFISH study at the 28th World Muscle Society Congress. The study assesses the efficacy and safety of Evrysdi® in babies.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 5:59 am

Roche announced that it will present new clinical and real-world data at the ECTRIMS-ACTRIMS 2023 show, demonstrating the strength of long-term outcomes in Multiple Sclerosis (MS) and Neuromyelitis Optica Spectrum Disorder (NMOSD).

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:17 am

Ionis Pharmaceuticals Inc has entered an agreement with Roche Holdings AG for two early-stage programs for RNA-targeting investigational medicines for Alzheimer's and Huntington's diseases. Roche gains exclusive worldwide rights and will be responsible for clinical development, manufacturing, and commercialization. Ionis will receive a $60 million upfront payment from Roche and is eligible to receive development, regulatory, and commercial milestone payments and tiered royalties. Analysts see Ionis as the premier enterprise developing Antisense Oligonucleotides therapies but foresee near-term commercial headwinds.

Portfolio Pulse from Vandana Singh

September 27, 2023 | 5:13 pm

AI is revolutionizing the pharmaceutical industry by speeding up clinical trials and improving diagnostics. Mainz Biomed (NASDAQ:MYNZ) has developed ColoAlert, a test for early detection of Colorectal cancer, and partnered with Microba Life Sciences to improve its development of PancAlert. Major drugmakers like Amgen Inc (NASDAQ:AMGN), Bayer Aktiengesellschaft (OTC:BAYRY) and Novartis AG (NYSE:NVS) are using AI to find patients for clinical trials, reducing costs and accelerating drug development. However, the effectiveness of AI depends on the quality of the data it learns from.

Portfolio Pulse from Upwallstreet

September 22, 2023 | 4:51 pm

The Biden administration has announced that it will restart the distribution of free at-home COVID-19 tests to American households. The U.S. Department of Health and Human Services (HHS) plans to distribute these tests, which can identify current COVID variants, starting next Monday. HHS has also invested $600 million in 12 domestic COVID-19 test manufacturers, expecting to secure approximately 200 million tests from these companies.

Portfolio Pulse from Vandana Singh

September 21, 2023 | 11:16 am

TD Cowen analyst Steve Scala maintains a 'Market Perform' rating on Roche Holding (OTC:RHHBY) but has lowered the price target from $45 to $40.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:51 pm

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