Q4 Pharma Earnings Preview: Roche, Celgene, Novo Nordisk, Merck, Gilead

Roche will highlight newer drugs as cancer blockbusters feel biosimilar pressure, while Celgene will talk to investors about its pending acquisition by Bristol. Novo Nordisk has faced concerns about generic and branded competition not to mention price pressures, but its longer-term outlook is sound; Merck's Keytruda tops investors' focus; Gilead looks ahead to new CEO O'Day.

Calendar with dollar bills. - Illustration

A healthy launch for hemophilia product Hemlibra and a continuing strong ramp-up for multiple sclerosis drug Ocrevus are expected to help offset European competition for Herceptin and Rituxan for Roche as it reports its annual results on Jan. 31.

Investors are keen to hear management’s 2019 guidance and its expectations for biosimilar entries, which are particularly pertinent for a...

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