Monday 25 June 2018

Roche Diagnostics sales surge 7pc

Dubai, May 27, 2014

Roche Diagnostics, the diagnostics division of healthcare company Roche, has recorded a seven per cent increase in overall sales.
The division’s clinical labs business saw the biggest growth, recording a nine per cent and four per cent increase in sales in professional and molecular diagnostics respectively, said a statement. 
Meanwhile, diabetes care sales increased by five per cent despite a market environment that continues to be volatile, and tissue diagnostics grew by four per cent, it said.
All regions of Roche Diagnostics grew faster than market, including the EMEA region. With Dubai seeking to become a global healthcare destination, Roche is taking an even more active role in the region with the recent establishment of its legal entity in Egypt, said a senior official.
Speaking during a Dubai market visit of the Roche Diagnostic leadership team, Roland Diggelmann, chief operating officer, said: “Roche Diagnostics had a strong first quarter. We grew above the market and our leading platform and assay pipeline positions us well for future growth. We’ve launched five key products this quarter, further advancing our offering to our core lab business.
“We are increasingly focusing on emerging markets, and we see the Middle East as a growth area with huge potential. We feel confident that our cutting edge technologies and high-quality solutions can help the region improve the health of its people as well as making healthcare more efficient.”
Moritz Hartmann, general manager, Roche Diagnostics Middle East, added: “With our direct presence in the Middle East, we are continuously exploring ways to improve and develop healthcare in the region.  
“Our growing menu of services and our expanding reach, allows us to collaborate with our customers and relevant healthcare bodies to improve accreditation requirements, regional expertise and efficiency - an important factor for emerging markets and the Middle East in particular. All in all, the fundamentals are in place for a strong and continuous growth in the region.” - TradeArabia News Service

Tags: Sales | increase | Roche | Diagnostics |

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