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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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Genentech has received FDA approval for the Xolair® (omalizumab) prefilled syringe, allowing self-injection for all approved indications in the U.S. This biologic treats moderate to severe allergic asthma, chronic idiopathic urticaria, and nasal polyps. Patients will have the flexibility to administer the drug at home, provided they have no prior history of anaphylaxis. Approximately 460,000 patients have been treated with Xolair since its 2003 launch, supported by a strong clinical development program, including 10 Phase III studies.

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Roche (OTCQX: RHHBY) announced positive results from the phase III REGN-COV 2069 trial for the investigational antibody cocktail casirivimab and imdevimab, demonstrating an 81% reduction in symptomatic COVID-19 infections among uninfected household contacts.

For recently infected asymptomatic patients, the treatment reduced the risk of progressing to symptomatic COVID-19 by 31%. The trial included 1,505 participants, with results indicating shorter symptom duration and no new safety concerns. Detailed findings will be presented to regulatory authorities like the FDA and EMA.

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Roche (OTCQX: RHHBY) will present significant data at the 73rd American Academy of Neurology Annual Meeting, highlighting advancements in treatments for neurological disorders. Notable findings include:

  • EVRYSDI shows improved motor function in infants with Type 1 spinal muscular atrophy (SMA).
  • OCREVUS demonstrates consistent benefits in multiple sclerosis.
  • ENSPRYNG reinforces efficacy for neuromyelitis optica spectrum disorder.
  • Fenebrutinib shows a promising safety profile for multiple sclerosis.
  • Additional presentations cover Alzheimer’s and Huntington’s disease research.
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Roche has launched the Elecsys Anti-p53 immunoassay to aid in diagnosing throat, bowel, and breast cancers. This test helps detect anti-p53 antibodies, which can indicate cancer presence, and is now available in CE Mark markets. According to the company, early diagnosis may lead to improved patient outcomes. The Elecsys Anti-p53 assay, utilizing advanced ECLIA technology, aims to complement existing diagnostic methods. Roche remains committed to enhancing cancer diagnostics and treatment options.

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Roche has launched the Elecsys® EBV panel in CE Mark-accepting countries, designed for accurate EBV infection staging from a single blood sample. This development aims to reduce confirmatory testing and facilitate quicker diagnoses for patients, particularly transplant recipients. The panel includes three immunoassays that detect specific antibodies and enhances laboratory efficiency while saving time and resources. Roche plans to file for FDA approval in the future, furthering its commitment to improving healthcare through targeted diagnostics.

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On March 30, 2021, Roche announced the European Commission's approval of Evrysdi (risdiplam) for the treatment of 5q spinal muscular atrophy (SMA) in patients aged two months and older. This decision, based on pivotal clinical trials FIREFISH and SUNFISH, marks a significant advancement in SMA treatment, enabling at-home administration. Over 3,000 patients have been treated with Evrysdi, and Roche is working with regulators in the EU to expedite patient access. The approval ensures availability across all 27 EU member states and is supported by favorable safety and efficacy data.

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Roche has launched eight new configurations for its cobas pro integrated solutions, enhancing laboratory flexibility and efficiency. This new analyser can now process up to 4,400 tests per hour, effectively doubling previous capacities. The modifications allow labs to consolidate multiple analytical units on a single platform, ensuring faster turnaround times for patient samples. The cobas pro solutions cater to diverse testing needs in areas like cardiology and oncology, improving patient care through quicker diagnostics.

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Roche announced positive results from the REGN-COV 2067 trial, demonstrating that the casirivimab and imdevimab antibody cocktail reduced the risk of hospitalization or death by 70% (1,200 mg) and 71% (2,400 mg) in non-hospitalized COVID-19 patients. The treatment also shortened symptom duration from 14 to 10 days. Ongoing studies include a phase II/III trial for hospitalized patients and another for prevention in household contacts. Over 25,000 individuals have participated in trials, and Roche aims for regulatory submissions soon.

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Genentech, part of the Roche Group (SIX: RO, ROG; OTCQX: RHHBY), announced the discontinuation of dosing in the Phase III GENERATION HD1 study of tominersen for Huntington’s disease based on data reviewed by an Independent Data Monitoring Committee. While no new safety signals were identified, the study’s potential benefit/risk profile led to this decision. The open-label extension study (GEN-EXTEND) will also pause dosing for further analysis. Genentech aims to continue following participants for safety and outcomes, sharing insights within the HD community once full data is analyzed.

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Roche announced the discontinuation of dosing in the Phase III GENERATION HD1 study of tominersen for Huntington's disease, following a recommendation from an Independent Data Monitoring Committee. The iDMC determined the investigational therapy's benefit/risk profile was not favorable, although no new safety signals were identified. Roche will continue to follow participants for safety and clinical outcomes without administering the treatment. The open-label extension study GEN-EXTEND will also pause dosing as data analysis progresses.

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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

OTC:RHHBY

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RHHBY Stock Data

230.43B
5.12B
0.9%
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