Roche to Face Significant Currency Headwinds -- Market Talk

Dow Jones04-10 19:17

1117 GMT - Roche Holding's first-quarter update is likely to show a significant drag from currency movements, UBS analysts say in a research note. The Swiss drugmaker has flagged a 9% hit on sales from foreign exchange in the first quarter, moderating to 4% for the year as a whole if current rates are maintained, according to UBS. Among Roche's key drugs, Ocrevus for multiple sclerosis and Hemlibra for hemophilia are expected to deliver solid performances, with a more subdued result for its Vabysmo eye medicine in the U.S, the analysts say. Investors are looking to a recovery in U.S. Vabysmo growth, but UBS says it only expects a modest recovery given limited patient funding from copay assistance foundations. Shares rise 0.85%. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

April 10, 2026 07:17 ET (11:17 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment