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Financial Times - Oct 1

PRESS DIGEST- Financial Times - Oct 1 Oct 1 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Simon Case steps down as UK cabinet secretary - EY picks Anna Anthony as UK boss after three-way race - Roche plans to launch drugs and slash development costs - LVMH sells Off-White streetwear brand founded by Virgil Abloh - Qatar Airways agrees to buy 25% stake in Virgin Australia Overview Sim
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Roche targets more than $3 billion in annual obesity sales

UPDATE 1-Roche targets more than $3 billion in annual obesity sales Releads By Ludwig Burger FRANKFURT, Sept 30 (Reuters) - Roche ROG.S said on Monday that three early-stage obesity and diabetes drug candidates from its acquisition of Carmot Therapeutics have the combined potential of more than 3 billion Swiss francs ($3.6 billion) in annual sales . In a presentation to investors, the Swiss drugmaker said the revenue projection applies on aggregate to weekly injection CT-388 - which is similar t
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Roche aims to slash drug development time and costs by 2030

Roche aims to slash drug development time and costs by 2030 FRANKFURT, Sept 30 (Reuters) - Swiss drugmaker Roche ROG.S said on Monday it aims to slash the development costs of drugs it brings to market and speed up their development time by 2030. Average development costs of a drug that is launched should decline by 20% and the time from early drug discovery to the end of Phase 3 testing on humans would be cut by 40%, according to presentation slides posted on the company's website.
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Positive Phase III Results For Genentech’S Gazyva Show Superiority To Standard Therapy Alone In People With Lupus Nephritis

BRIEF-Positive Phase III Results For Genentech’S Gazyva Show Superiority To Standard Therapy Alone In People With Lupus Nephritis Sept 26 (Reuters) - Roche Holding AG ROG.S : POSITIVE PHASE III RESULTS FOR GENENTECH’S GAZYVA SHOW SUPERIORITY TO STANDARD THERAPY ALONE IN PEOPLE WITH LUPUS NEPHRITIS Source text for Eikon: ID:nBw2HSqmRa Further co
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Vontobel raises Roche to 'buy' ahead of expected strategy update

BUZZ-Vontobel raises Roche to 'buy' ahead of expected strategy update ** Vontobel raises Roche ROG.S to "buy" from "hold" based on the Swiss drugmaker's planned R&D cost controls and ahead of its expected strategy update at the end of the month ** The company's Pharma Day on Sept. 30 is the key event to understanding how the new leadership will run
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