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Roche trying to promote or shut down California biologic drug plant

OffersWell being

Reuters has exclusively seen documents indicating Swiss drugmaker Roche Holding AG (ROG.S) plans to promote its 800-employee drug manufacturing plant in Vacaville, California, or it would shut the manufacturing unit by 2029.

Market Affect

Roche is beneath stress to develop new remedies to offset the lack of billions in gross sales resulting from low cost biotech copies of its established most cancers medicines Herceptin, Avastin and Rituxan.

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Matters of Curiosity: OffersWell being

Sort: Reuters Finest

Sectors: Prescribed drugs & Healthcare

Areas: Americas

International locations: SwitzerlandUnited States

Win Varieties: Exclusivity

Story Varieties: Unique / Scoop

Media Varieties: Textual content

Buyer Affect: Important Nationwide Story

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