Roche
Categories
#48
Rank
$224.01B
Marketcap
Switzerland
Country
Fritz la Roche (Founder)
Pharma and Life Sciences
Summary
Roche Holding AG is a Swiss multinational healthcare company that is headquartered in Basel, Switzerland. It was founded in 1896 and has since grown into one of the largest and most successful pharmaceutical and medical device companies in the world.
Roche develops, manufactures, and markets a wide range of pharmaceuticals, medical devices, and diagnostic products. The company's product portfolio includes treatments for a variety of conditions, such as cancer, autoimmune diseases, and viral diseases. Roche is also involved in research and development of new treatments and drugs, and is committed to finding innovative solutions to help patients live healthier lives.
In addition to its core healthcare operations, Roche is also involved in various initiatives to promote sustainability and social responsibility, and is widely recognized for its commitment to these values. The company is also focused on innovation and technology, and has introduced various tools and resources to help customers with their healthcare needs.
Roche is publicly traded and is listed on the SIX Swiss Exchange. It is widely followed by investors and analysts and is known for its strong financial performance and consistent growth. The company is a member of various stock market indices, including the Swiss Market Index, and is considered one of the largest and most successful healthcare companies in the world.
History
Roche is a pharmaceutical and diagnostics company founded in 1896 by Fritz Hoffmann-La Roche in Basel, Switzerland. The company started out as a small drugstore specializing in the production of fine chemicals, which led to the development of several important pharmaceutical products. In 1900, the company established its first laboratory and began researching and developing new medications.
In 1929, Roche introduced its first antibiotic, Prontosil, which was a significant breakthrough in the treatment of bacterial infections. This led to the development of other important drugs, including the anti-inflammatory medication Voltaren and the cancer drug Herceptin. During World War II, Roche's research efforts were focused on producing penicillin and other antibiotics, which were in high demand to treat wounded soldiers. After the war, the company continued to expand its operations, establishing subsidiaries in several countries and developing a range of new products to treat a variety of medical conditions.
From 1951 to 2000, Roche continued to expand its global presence and focus on research and development. In the 1950s and 1960s, the company introduced several new medications, including Valium, Librium, and Tegretol. In the 1970s, Roche became one of the first companies to develop a biotechnology drug, producing insulin through recombinant DNA technology.
In the 1980s and 1990s, Roche continued to expand its portfolio of pharmaceuticals and diagnostics, introducing a range of new products to treat cancer, HIV/AIDS, and other diseases. In 1990, the company acquired the diagnostics division of Boehringer Mannheim, which expanded its offerings in the field of medical testing. Roche also established partnerships with other companies, including a collaboration with Genentech to develop Herceptin for the treatment of breast cancer. By the end of the 20th century, Roche had established itself as a global leader in the pharmaceutical and diagnostics industries, with operations in more than 100 countries and a reputation for innovative products and technologies.
From 2001 to the present, Roche has continued to focus on developing innovative medications and diagnostics, while also expanding its operations through strategic acquisitions and partnerships. In 2009, the company acquired the biotechnology firm Genentech, which had previously been a partner in the development of several important cancer drugs. This acquisition strengthened Roche's position in the oncology market and led to the development of several new medications, including Avastin and Herceptin.
In recent years, Roche has continued to invest in research and development, with a focus on precision medicine and personalized healthcare. The company has also expanded its offerings in the field of diagnostics, developing new tests and technologies to help diagnose and treat a range of medical conditions. Roche has received numerous awards and recognition for its innovative products and contributions to the healthcare industry. Today, the company operates in more than 150 countries and is considered one of the world's leading pharmaceutical and diagnostics companies.
Mission
The mission of Roche is to improve the health and quality of life of people around the world by developing innovative healthcare solutions. The company aims to achieve this mission by focusing on scientific excellence, ethical business practices, and a commitment to improving patient outcomes.
Roche's mission is reflected in its dedication to research and development, which is focused on creating new medications and diagnostic tests that can help improve the lives of people with a range of medical conditions. The company also places a strong emphasis on sustainability and corporate social responsibility, striving to minimize its environmental impact and make a positive contribution to the communities in which it operates. Overall, Roche's mission is to be a trusted partner in healthcare, working collaboratively with healthcare providers, patients, and other stakeholders to achieve better health outcomes for all.
Vision
The vision of Roche is to be a leader in personalized healthcare, transforming the way that diseases are diagnosed, treated, and managed. The company aims to achieve this vision by leveraging its scientific expertise and innovative technologies to develop targeted therapies and diagnostic tests that can help individualize treatment for patients.
Roche's vision is rooted in a belief that personalized healthcare has the potential to significantly improve patient outcomes and reduce the burden of disease. The company aims to use its expertise in genomics, proteomics, and other fields to develop new diagnostic tools and therapies that can better target specific diseases and patient populations.
Key Team
Dr. Severin Schwan (Chairman of the Board)
Dr. Thomas Schinecker (Chief Executive Officer)
Per-Olof Attinger (Secretary-Executive Committee & Head-CEO Office)
Cristina A. Wilbur (Chief People Officer)
André S. Hoffmann (Board Member)
Christoph Franz (Chairman, Executive Board)
Alan Hippe (Chief Financial & Information Officer)
Claudia Süssmuth Dyckerhoff (Board Member)
Levi A. Garraway (Chief Medical Officer, Executive Vice President and Head of Global Product Development)
Richard P. Lifton (Board Member)
Anita Hauser (Board Member)
Bernard J. Poussot (Board Member)
Recognition and Awards
Products and Services
Roche is a leading provider of pharmaceuticals and diagnostics, offering a wide range of products and services to help diagnose, treat, and manage diseases. Some of the company's key products and services include:
Pharmaceuticals: Roche develops and markets a range of medications for the treatment of cancer, autoimmune diseases, and other medical conditions. Some of its key pharmaceutical products include Avastin, Herceptin, Rituxan, and Actemra.
Diagnostics: Roche is also a major provider of diagnostic tests and systems, offering a range of solutions to help diagnose and manage diseases. Its portfolio of diagnostics includes tests for infectious diseases, oncology, cardiology, and more, as well as systems for laboratory automation and point-of-care testing.
Personalized healthcare: Roche is committed to developing personalized healthcare solutions, using its expertise in genomics and other fields to develop targeted therapies and diagnostic tests. The company offers a range of personalized healthcare products and services, including genomic profiling tests, companion diagnostics, and personalized treatment plans.
References
- Roche | Wikipedia
- Roche holding ag's revenue is $61.0 billion | Zippia
- Roche | Crunchbase
- Roche Holding AG history, profile and history video | Companieshistory
- Companies ranked by revenue | Companiesmarketcap
- Roche Products Limited | Medicines
- Roche Diagnostics International Ltd: Overview | Global data
- Roche Holding AG | Financial Times
- Roche shares insights on healthcare trends and launches new molecular testing system at Roche Innovation Day 2023 | Vietnamnews
- Scottish Brain Sciences and Roche work on Alzheimer’s blood test development | Medicaldevice Network
- Iwi and global pharmaceutical firm sign deal to merge modern medicine and M?ori practices | Nzherald
- Roche’s Genentech and Blueprint receive full FDA approval for Gavreto in lung cancer | Pmlive
- COVID-19 Rapid Test Kits Market 2023 [Key Trends] | Cellex, Abbott, Roche | Chaminadetalon
- Immunoassay Market 2023 to 2032 Data Analysis by Top Players | Abbott Laboratories, Siemens, Roche, Sysmex Corporation | Chaminadetalon
- Roche Holding | Forbes
- Roche | Craft
- Roche Holding AG (ROG.SW) | Yahoo Finance
Fritz la Roche (Founder)
Pharma and Life Sciences