Roche Third-Quarter Revenue Advances on Sales of Cancer Drugs

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Roche Holding AG said third-quarter sales rose 2.7 percent, as demand for its main cancer medicines in the U.S. and China offset slower sales increases at its diagnostics division.

Sales rose to 11.6 billion Swiss francs ($12.7 billion) from 11.3 billion francs a year earlier, the Basel, Switzerland-based company said in a statement today. That beat the 11.5 billion-franc average of 11 analysts’ estimates compiled by Bloomberg.