Roche posts 8% increase in sales for 2009
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BASEL, Switzerland Roche reported total sales of 49.05 billion Swiss francs for the full-year 2009, representing an 8% rise compared with sales reported during 2008, the company announced in a press release.
Despite fourth-quarter reductions in wholesaler inventory levels, the company's pharmaceuticals division reported full-year 2009 sales totaling 39 billion Swiss francs, representing an 8% gain compared with sales posted during the full-year 2008.
Roche partially attributed the growth to a 24% spike in sales of Lucentis (ranibizumab, Genentech) in the United States, which totaled 1.2 billion Swiss francs for the year. This was primarily due to a rise in injections administered to patients in the first and second year of treatment, growth in the number of patients treated for wet AMD and easier reimbursement, according to the release.
For the full-year 2010, Roche expects total sales to increase in the mid-single digit range.
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