SHARE
COPY LINK

CHINA

Investigators search Roche offices in China

Swiss pharmaceuticals giant Roche said on Thursday that Chinese investigators had paid a visit to its offices in the eastern city of Hangzhou, amid a crackdown on corruption in the country's healthcare sector.

Investigators search Roche offices in China
Photo: Roche

Roche said that the reason for the visit to its sales offices in the eastern city of Hangzhou on May 21st remained unclear.
   
"We will collaborate fully with authorities for any inquiries," the world-leader in cancer drugs said in a statement, adding that its main sites in Beijing and Shanghai, had not received similar visits.
   
The Hangzhou visit was carried out by a local unit of China's State Administration for Industry and Commerce (SAIC), a regulator that often probes corruption cases.
   
China has initiated sweeping probes into alleged malpractice by foreign companies in various sectors, and against the backdrop of an anti-graft campaign backed by President Xi Jinping to root out official corruption.
   
Last week, authorities in the country accused top GlaxoSmithKline executives of bribery and corruption, following a ten-month probe into the embattled British drugmaker.
   
In addition to GSK, pharmaceutical giants including Germany's Merck, Switzerland's Novartis and US-based Baxter have been involved in a far-reaching pricing probe, while France's Sanofi is also being investigated over allegations that it bribed more than 500 doctors.
   
China's healthcare sector is widely considered to be riddled with graft, given the opaque tendering system for drugs and doctors' low salaries.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

ROCHE

Swiss-American antibody drug ‘effective at preventing Covid infection’

US biotech firm Regeneron and its Swiss partner Roche unveiled promising clinical trial results Monday indicating that an antibody treatment used to treat Covid-19 patients also helps prevent infections.

Swiss-American antibody drug 'effective at preventing Covid infection'
Photo: Fabrice COFFRINI / AFP

The results of the Phase 3 trial showed that the combination of the antibodies casirivimab and imdevimab dramatically reduced the risk of symptomatic infection among people living with Covid-19 patients, Roche said in a statement.

The trial entailed injecting 1,505 people not infected with the SARS-CoV-2 virus but living in households with people carrying the virus with the Regeneron antibody cocktail or a placebo.

READ MORE: Why are vaccination appointments still vacant in Zurich?

The trial, which was conducted in cooperation with the National Institute of Allergy and Infectious Diseases, showed that those who received the antibody cocktail saw their risk of symptomatic infection reduced by 81 percent, the companies said.

It also indicated that those treated with casirivimab and imdevimab who did experience symptomatic infection on average saw their symptoms clear within one week — far faster than the three-week average for those who received the placebo.

In a separate part of the study, 204 people who had recently tested positive for Covid-19 but showed no symptoms received either a dose of the antibody cocktail or a placebo.

Those who received the cocktail saw their risk of developing symptoms reduced by 31 percent compared to the placebo group, the companies said.

“Today’s data confirm the potential dual value of casirivimab and imdevimab to reduce household Covid-19 infections and to decrease the disease burden in those who do become infected, when given as a subcutaneous option,” Levi Garraway, Roche’s chief medical officer said in a statement.

“Although vaccinations are increasing globally, there remains a critical unmet need worldwide to prevent infections and provide immediate protection from Covid-19 between close contacts,” he said.

EXPLAINED: How Switzerland is speeding up its vaccination programme

Regeneron president and chief scientist George Yancopoulos agreed, pointing out that in the United States alone, 60,000 people are being diagnosed with Covid-19 every day.

The antibody cocktail “may help provide immediate protection to unvaccinated people who are exposed to the virus”, he said in a statement, adding that it could also potentially “provide ongoing protection for immunocompromised patients who may not respond well to vaccines”.

Regeneron said it would present the data to the US Food and Drug Administration and request it clear the Covid antibody cocktail for use as a preventative treatment.

The companies said they would share the new data with health regulators worldwide.

SHOW COMMENTS