Roche (ROG) Investor Update summary
Event summary combining transcript, slides, and related documents.
Investor Update summary
9 Jul, 2026Strategic and Financial Highlights
Hematology portfolio delivered $2.1 billion (CHF 2.1bn) in Q1 2025 sales, up 14% YoY at CER, with strong growth in Hemlibra (+11%), Polivy (+42%), and Columvi (+138%).
Over 50,000 patients treated globally with Polivy in DLBCL; U.S. first line share exceeds 30% and peak sales potential is around $2 billion.
Pipeline includes 8+ NMEs with >CHF 3bn peak sales potential and 5 NMEs with CHF 2–3bn potential per asset.
Multiple regulatory milestones and clinical readouts expected in 2025, including approvals and pivotal trial results across oncology and hematology.
IR events and annual Pharma Day planned for 2025 to provide updates on key franchises and pipeline progress.
Malignant Hematology: NHL and DLBCL Updates
SUNMO Phase III: Lunsumio plus Polivy in second line DLBCL showed a 59% reduction in risk of progression or death versus R-GemOx, with median PFS of 11.5 vs. 3.8 months and a doubling of complete response rate.
STARGLO Phase III: Columvi plus GemOx in second line DLBCL delivered a 41% improvement in overall survival and a 63% improvement in PFS, with sustained benefit at two-year follow-up.
Polivy + R-GemOx (POLARGO) in relapsed/refractory DLBCL showed a 40% improvement in overall survival, with 5-year data confirming Polivy-R-CHP as standard of care in first line DLBCL.
Bispecifics Columvi and Lunsumio are expanding in third and second line settings, with combined second line DLBCL opportunity above $1 billion and ongoing regulatory filings.
Early data support Columvi + Polivy-R-CHP in first line DLBCL, with high response rates and manageable safety profile.
Malignant Hematology: Follicular Lymphoma (FL) and Other NHL
Lunsumio SC demonstrated durable, high response rates in third line and promising efficacy in first line high-tumor burden FL, with manageable safety.
Lunsumio + lenalidomide in first and second line FL shows high response rates and durable responses; Phase III MorningLyte and CELESTIMO readouts expected H2 2025.
Broad clinical program aims to bring Lunsumio and Columvi to earlier lines and more NHL subtypes.
Latest events from Roche
- CER sales grew 7%; new products and COVID testing offset currency and pandemic pressures.ROG
Q1 2020 - CER growth persisted as new medicines and COVID-19 testing offset pandemic disruption.ROG
H1 2020 - Diagnostics and new products offset pandemic and biosimilar pressure; 2021 growth targets remain intact.ROG
H2 2020 - Diagnostics-led growth and stronger cash flow offset Pharma pressure; FY guidance held.ROG
H1 2021 - Diagnostics and new medicines offset biosimilars and pandemic disruption as guidance held.ROG
Q3 2020 - Diagnostics-led growth lifted sales 8% at CER and prompted higher FY guidance.ROG
Q3 2021 - Diagnostics growth offset Pharma declines; FY 2021 guidance was reaffirmed.ROG
Q1 2021 - Strong Diagnostics and new products lifted sales 9% at CER despite biosimilar erosion.ROG
H2 2021 - Sales rose 11% at CER as both divisions grew despite AHR erosion and currency headwinds.ROG
Q1 2022 - Nine-month sales rose 6.2% at CER, led by Pharma growth and pipeline progress.ROG
Q3 2026