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Roche beats expectations by doubling profit

This content was published on Jul 21, 2004 Its strong performance matched that of cross-town rival, Novartis, which reported equally healthy results on Tuesday. Roche, the world’s largest maker of cancer drugs and diagnostics tests, said profit was boosted by one-off financial gains and a 15 per cent rise in prescription drug sales. “For full-year 2004 Roche expects both its pharmaceuticals and its…

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Expert reveals engineering secrets of railway

This content was published on Jul 21, 2004 swissinfo spoke to Tom F Peters, author of works on historical building technology. The Swiss-American expert, who is director of the Building and Architectural Technology Institute at Lehigh University in the United States, divides his time between the US and Poschiavo, which is located on the Bernina line. Peters is leading efforts to organise special…

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Toxic trouser trouble for Zurich prison officers

This content was published on Jul 21, 2004 The toxic substance was only found when an employee at one of the canton’s prisons complained of a severe leg rash after trying on the garment. Around 3,200 new pairs of trousers were recently issued to prison officers in Zurich as part of a revamp of their regulation uniform. Red-faced officials at the Swiss textile…

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Green groups want 4x4s off the road

This content was published on Jul 20, 2004 But a new association of vehicle users says it will fight attempts to drive the cars off the road. Four-wheel drives account for nearly one in five new vehicles sold in Switzerland, but according to motoring organisations the vast majority are used for journeys in and around towns and cities. Motoring expert Michel Busset estimates…

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Profit warning halves Converium’s market value

This content was published on Jul 20, 2004 The company said it might have to ask shareholders for cash to replenish funds drained by rising claims in the United States. Converium said in a statement that it planned to raise up to $400 million (SFr491.8 million) to cover US casualty claims (third party liability) and was exploring other options for maintaining a strong…

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Profit warning hammers Converium at the bourse

This content was published on Jul 20, 2004 The company said it might have to ask shareholders for cash to replenish funds drained by rising claims in the United States. Converium said in a statement that it planned to raise up to $400 million (SFr491.8 million) to cover US casualty claims (third party liability) and was exploring other options for maintaining a strong…

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Helping Haiti towards a better future

This content was published on Jul 20, 2004 Donor nations pledged $1.1 billion (SFr1.37 billion) to help rebuild a country which has suffered from 15 years of political and economic instability. The International Donor Conference on Haiti, which wrapped up in Washington on Tuesday, discussed the country’s short- and medium-term development needs. Haiti has been facing a political and humanitarian crisis since last…

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Novartis boosts profit and market share

This content was published on Jul 20, 2004 Group sales reached $13.6 billion – up by 14 per cent – fuelled by pharmaceuticals growth and increased sales in its Consumer Health division. Pharma sales, which climbed 17 per cent, were driven by demand for the hypertension treatment Diovan and the leukaemia drug Gleevec/Glivec. “Our strategy has delivered strong organic sales growth and productivity…

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Roche sells non-prescription activities to Bayer

This content was published on Jul 19, 2004 Roche said the sale of its non-prescription unit would allow the group to focus on its core pharmaceuticals and diagnostics businesses. Under the terms of the deal, announced on Monday, Basel-based Roche will also sell to Bayer its 50 per cent stake in the companies’ joint venture in the United States. However, Roche will not…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Authorities crack down on drugs at the wheel

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Roche beats expectations by doubling profit

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Expert reveals engineering secrets of railway

More

Toxic trouser trouble for Zurich prison officers

More

Green groups want 4x4s off the road

More

Profit warning halves Converium’s market value

More

Profit warning hammers Converium at the bourse

More

Helping Haiti towards a better future

More

Novartis boosts profit and market share

More

Roche sells non-prescription activities to Bayer

Popular Stories

Most Discussed