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Story perspectives

Roche and Sanofi Report Earnings, Highlight Growth Strategies

1/29/2026

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Story summary
  • On January 29, 2026, Roche and Sanofi reported earnings that met expectations.
  • Roche's adjusted operating income rose 5% in 2025, driven by Ocrevus and Hemlibra, but fell short of market consensus.
  • Roche expects mid-single-digit sales growth for 2026.
  • Sanofi's fourth-quarter sales grew 13%, supported by new medicines and Dupixent.
  • Roche is investing in obesity treatments, with CT-388 showing a 22.5% weight reduction in Phase 2.