Strong Pharma Growth
Pharma sales increased by 10% overall, with a specific growth of 11% in Q2. Core operating profit grew by 11% and core EPS increased by 12%. The bottom line performance was strong, with a core operating margin increase of 1.1 percentage points.
New Approvals and Pipeline Expansion
EU approval of Itovebi and U.S. approval of Susvimo. Four medicines have been moved into Phase III trials, with expectations for 8 to 11 medicines moving from Phase II to Phase III within the year.
Impressive Market Performance for Key Products
Vabysmo showed an 18% growth, Xolair exhibited strong momentum with over 60,000 patients in the U.S., and Polivy reached a 33% patient share in first-line DLBCL. Hemlibra also performed well with strong adoption across patient segments.
Positive Financial Management
R&D costs were kept flat, demonstrating efficient resource allocation and cost management. CHF 1 billion in savings achieved with a goal of CHF 3 billion by 2030 through various cost-cutting measures.
Diagnostics Growth Outside China
Excluding the impact of China reforms, Diagnostics grew 6%, with significant growth in North America and LatAm regions.