Roche’s Biosimilar Losses Could Be Closer To CHF5bn

Management Forecast Risen Since Year Began

Roche entered the year with a projected hit to revenues from multi-source biosimilar competition to its three leading biologics. However, the number was increased at the half-year mark and could be set to ratchet up further, according to management.

Roche
Roche's global Pharmaceuticals turnover slipped by 1% at CER and by 6% as reported to CHF34.3bn • Source: Shutterstock

Roche’s total revenue hit from biosimilar competition to Avastin (bevacizumab), MabThera/Rituxan (rituximab) and Herceptin (trastuzumab) could approach CHF5bn ($5.5bn) this year, management has conceded, CHF1bn higher than the originator’s forecast at the beginning of 2020.

Addressing investors during the originator’s financial third quarter earnings call, management noted the impact of biosimilar competition to Roche’s three...

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