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Roche Beats First-Half Forecasts as Cancer Drug Sales Rise

Swiss pharmaceuticals company Roche beat earnings and sales expectations in the first half after a strong performance from its oncology medicines.

The company said on Thursday that sales rose 5% at constant exchange rates - or 6% in Swiss francs - to just over Sfr25 billion ($25.4 billion), above a consensus forecast compiled by Reuters for revenue of Sfr24.8 billion. Earnings per share came in at Sfr7.74, up 5% on a constant currency basis, and...