Roche reports 6 percent sales boost first 9 months

Roche reports 6 percent sales increase over first 9 months

Associated Press

GENEVA (AP) -- Swiss drugmaker Roche Holding AG has reported a 6 percent increase in overall sales for the first nine months of 2012, based on demand for its cancer drugs.

The Basel, Switzerland-based company says its group sales over three quarters rose to 34.9 billion Swiss francs ($38.2 billion), up from 33.7 billion francs in the same time period last year.

The world's biggest producer of cancer-fighting drugs said Thursday it had strong growth in the third quarter from sales of cancer medicines Avastin, Herceptin, MabThera/Rituxan, Perjeta and Kadcyla, as well as rheumatoid arthritis treatment Actemra/RoActemra.

Roche CEO Severin Schwan said before the opening of the Zurich exchange the company "will meet our full-year targets" and he was encouraged by the uptake of new drugs Perjeta and Kadcyla.

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