Roche is a Switzerland based company operating in Pharmaceuticals and Diagnostic divisions.
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Headquartered in Basel, the company was established in 1896, and the company had expertise in production of vitamin preparations and derivatives, and is a globally recognized brand name. The founder of the company is Fritz Hoffmann-La Roche.
Roche is also the third largest pharmaceutical company in the world. Roche is the first company of the world that mass-produced synthetic Vitamin C. Roche is the number one company in biotech, oncology, in vitro diagnostics and hospital market. A total of 91,747 employees work for Roche. In 2015 Roche partnered with Foundation Medicine on molecular information. As per Dow Jones Sustainability Indices, Roche is the most sustainable healthcare company in the world. Christoph Franz serves as the Chairman of the Board while Severin Schwan is the CEO of the company.
The company had a revenue of $ 49834.9 million in 2015. Its total profits were $ 9373.87 million. The market capitalization of the company was at $ 238760 million. Roche is the market leader in the in vitro diagnostics business.
A total of 15 billion tests were performed in 2015 using Roche instruments in the world. In order to improve patient care, Roche partnered with Flatiron Health - an industry leader in real world oncology data in January 2016. Roche has a distinction of having 29 medicines listed on the WHO Essential Medicines List in 2015.