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RHHBY: Strong half year revenues for Roche |
Strong half year revenues for RocheRoche reported a sharp rise in revenues in the first half of 2009 (vs. first half 2008), aided by strong sales of Tamiflu in the wake of the swine flu epidemic. Sales are expected to stay strong through year end, with total revenues from the drug expected at 2 billion CHF. Net income was down, though this was largely attributable to special charges related to the complete buyout of Genentech earlier this year.
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