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ROCHE HOLDING LTD S/ADR - RHHBY STOCK NEWS

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Roche Holdings Ltd. S/ADR (RHHBY) is a leading biotechnology company with a global presence in the field of in-vitro diagnostics. Roche focuses on scientific excellence to develop medicines and diagnostics for improving and saving lives. The company's pivotal role in personalized healthcare is reflected in its commitment to transforming healthcare delivery. Roche's innovative approach encompasses the discovery and development of cutting-edge treatments, including the first CD20xCD3 bispecific antibody, Columvi® (glofitamab), for relapsed or refractory diffuse large B-cell lymphoma (DLBCL). The company's recently FDA-cleared whole-slide imaging system, VENTANA DP 200, signifies Roche's dedication to revolutionizing pathology workflows through digitalization and artificial intelligence-based tools, ensuring pathologists can provide accurate and timely diagnoses. Roche's extensive portfolio and pipeline of haematology medicines demonstrate its unwavering commitment to advancing treatment options for patients worldwide.

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The FDA has accepted Roche's Biologics License Application for glofitamab, a bispecific antibody targeting large B-cell lymphoma. If approved by July 1, 2023, it will be the first fixed-duration therapy for patients with relapsed or refractory non-Hodgkin lymphoma. The pivotal NP30179 study reported a 40% complete response rate among heavily treated patients. Glofitamab is part of Roche's leading bispecific antibody portfolio, alongside the newly approved Lunsumio for follicular lymphoma. The drug shows promise with durable responses, though it has an associated risk of cytokine release syndrome.

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Genentech announced the FDA’s acceptance of their Biologics License Application for glofitamab, a bispecific antibody aimed at treating relapsed or refractory large B-cell lymphoma (LBCL). If approved by July 1, 2023, it will be the first fixed-duration treatment for this aggressive cancer. In the Phase I/II NP30179 study, 40% of participants achieved complete response, with long-term remission observed. The drug is a part of an extensive bispecific antibody program, which includes the recently approved Lunsumio for follicular lymphoma.

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Roche has received FDA approval for Lunsumio (mosunetuzumab-axgb), a groundbreaking treatment for adult patients with relapsed or refractory follicular lymphoma after two or more lines of therapy. This approval, based on the pivotal phase II GO29781 study, showed that 80% of patients achieved durable responses and 60% experienced complete remission. Lunsumio is the first CD20xCD3 T-cell engaging bispecific antibody approved for this indication, enabling chemotherapy-free and outpatient treatment. Continued approval is contingent upon further clinical benefit verification.

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Genentech, part of the Roche Group (RHHBY), announced the FDA approval of Lunsumio (mosunetuzumab-axgb) for treating relapsed or refractory follicular lymphoma (FL) after two or more systemic therapies. This first-in-class CD20xCD3 T-cell engaging bispecific antibody offers a chemotherapy-free option with an outpatient administration. The pivotal Phase II GO29781 study revealed an 80% objective response rate and a 60% complete remission rate among heavily pretreated patients. Continued approval may depend on further confirmatory trials.

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Roche has received FDA approval for Actemra (tocilizumab), the first monoclonal antibody to treat COVID-19 in hospitalized adults. This treatment targets patients on systemic corticosteroids needing oxygen support. With over one million patients treated worldwide, Actemra is now approved in more than 30 countries, marking its seventh FDA indication since 2010. The approval is based on extensive clinical trials, including the RECOVERY trial and EMPACTA trial.

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Genentech, part of the Roche Group (OTCQX: RHHBY), announced that the FDA has approved Actemra (tocilizumab) for treating hospitalized adults with severe COVID-19 requiring oxygen or ventilation support. This marks Actemra as the first monoclonal antibody approved for COVID-19. Over one million patients have been treated globally with Actemra since the pandemic began, which is now authorized in over 30 countries. The approval is based on extensive clinical trials showing improved outcomes for patients receiving corticosteroids.

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Roche announced that the European Medicines Agency’s CHMP recommended expanding the marketing authorization for Hemlibra (emicizumab) to include prophylaxis for moderate haemophilia A without inhibitors. This follows positive results from the HAVEN 6 study, which showed effective bleed control and a favorable safety profile. Currently, only 15% of individuals with moderate haemophilia A live a bleed-free life. If approved, Hemlibra will provide an important treatment option for approximately 14% of the haemophilia A population in the EU.

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Roche has announced a collaboration with Pfizer to enhance awareness and access to COVID-19 testing and treatment options in the U.S. Their Pilot® COVID-19 At-Home Test will now feature a QR code linking to covid19knowmore.com, providing vital health information. Approximately 90% of adults find personal health information difficult to understand, making this initiative crucial as winter approaches and COVID-19 cases may surge. The at-home test is authorized for individuals aged 14 and older and boasts a sensitivity of 93.2% and specificity of 100%.

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Roche (RHHBY) presented updated clinical data on its bispecific antibodies, glofitamab and Lunsumio, at the ASH 2022 meeting. Glofitamab showed promising results in heavily pre-treated large B-cell lymphoma, with 61% of patients maintaining complete responses (CR) after 12 months. Lunsumio also exhibited high efficacy in relapsed follicular lymphoma, achieving a 60% CR rate. Both treatments are designed to offer fixed-duration therapies, enhancing patient outcomes and treatment convenience. Regulatory submissions for glofitamab are ongoing in Europe and the U.S.

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FAQ

What is the current stock price of ROCHE HOLDING S/ADR (RHHBY)?

The current stock price of ROCHE HOLDING S/ADR (RHHBY) is $35.44 as of November 22, 2024.

What is the market cap of ROCHE HOLDING S/ADR (RHHBY)?

The market cap of ROCHE HOLDING S/ADR (RHHBY) is approximately 230.4B.

What is Roche Holdings Ltd. S/ADR (RHHBY) known for?

Roche is a global leader in biotechnology, specializing in in-vitro diagnostics and the development of cutting-edge medicines.

What is the significance of Columvi® (glofitamab) in Roche's portfolio?

Columvi® (glofitamab) is the first CD20xCD3 bispecific antibody that has shown promising results in treating relapsed or refractory diffuse large B-cell lymphoma (DLBCL).

How does Roche contribute to personalized healthcare?

Roche aims to transform healthcare delivery by focusing on scientific excellence, data insights, and partnerships with stakeholders to provide tailored treatment options for patients.

What recent innovation has Roche introduced in digital pathology?

Roche's VENTANA DP 200 whole-slide imaging system, with FDA clearance, allows pathologists to review and interpret digital pathology images efficiently, facilitating remote diagnosis and collaboration.

What is Roche's approach to advancing haematology treatments?

Roche has a robust portfolio and pipeline of haematology medicines, including T-cell engaging bispecific antibodies like Columvi®, to address the diverse needs of patients with blood cancers.

ROCHE HOLDING LTD S/ADR

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230.43B
5.12B
0.9%
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