Roche Poised For Growth Amid Obesity-Drug Ambitions -- Market Talk

Dow Jones
03-26

0849 GMT - Roche is well positioned for growth in the medium-term on expedited obesity-drug ambitions, Baader Helvea analyst Abhishek Raval says in a note. The Swiss pharmaceutical company recently acquired a mid-stage weight-loss drug candidate from Danish biotech Zealand Pharma. The company also has a diversified portfolio of disease areas, Raval notes. "With significant manufacturing and commercial might...the Swiss giant could become a serious contender in the obesity market," he says. Historically, Roche has usually been the market-leader in many of the disease areas it targets, the analyst says. Any progress in Roche's obesity pipeline could fuel the already solid share-price performance in recent months, he adds. Shares fall 0.9% to 302.90 Swiss francs. (helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

March 26, 2025 04:49 ET (08:49 GMT)

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