Roche is under pressure to get positive results from pipeline

03/14/2010 | Wall Street Journal, The

Roche Holding is under pressure to impress investors with its pipeline after cancer drug Avastin and arthritis treatment ocrelizumab missed clinical-trial goals. Michael Nawrath, an analyst at Zuercher Kantonalbank, said the company's stock "will be under pressure" if its experimental medicines fail to meet expectations at a time when "the market is assessing its potential according to the higher multiples used for biotechs."

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Wall Street Journal, The