Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Appreciate the PM Hen. Keep yourself and the family safe during these times.
Gilead just jumped after hours on their positive results. Many companies jockeying for position to find the best working treatment.
I bought shares. I don't expect any tremendous moves, just looking to hold for the long run. Looks like this company has a ton of outstanding shares so I assume slower moves. In a positive note, it looks like they have had a couple of forward splits as they've grown over the years. You can find good info about the company at the OTC Markets website.
Very interesting study. I had recently read that an ER physician in LA was close to death from Covid19 and when his colleagues treated him with actemra he miraculously recovered. Sounded pretty promising to me so I thank you for the additional info.
The study is moving quickly. Check out those dates.
https://clinicaltrials.gov/ct2/show/NCT04346355
Thanks Whos_Who. I appreciate the info.
Some info for you.
https://www.cancernetwork.com/news/fda-approves-phase-iii-clinical-trial-tocilizumab-covid-19-pneumonia
(Genentech, the agent’s developer.)
Yes, to answer your question.
https://en.m.wikipedia.org/wiki/Genentech
Does Roche own Actemra, a medication that was just used successfully inLA to save the life of an ER doc with Covid19
$rhhby Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people's lives. The combined strengths of pharmaceuticals and diagnostics under one roof have made Roche the leader in personalised healthcare - a strategy that aims to fit the right treatment to each patient in the best way possible. Roche is the world's largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system. Roche is also the world leader in in vitro diagnostics and tissue-based cancer diagnostics, and a frontrunner in diabetes management. Founded in 1896, Roche continues to search for better ways to prevent, diagnose and treat diseases and make a sustainable contribution to society. The company also aims to improve patient access to medical innovations by working with all relevant stakeholders. More than thirty medicines developed by Roche are included in the World Health Organization Model Lists of Essential Medicines, among them life-saving antibiotics, antimalarials and cancer medicines. Moreover, for the eleventh consecutive year, Roche has been recognised as one of the most sustainable companies in the Pharmaceuticals Industry by the Dow Jones Sustainability Indices (DJSI).
I was reading in the Daily Mail that Chinese doctors gave 20 Coronavirus patients Actemra and 19 of them ended up being discharged after 14 days. They were all critically ill and Actemra seemed to help them!
Roche should really profit from the test kits. If any stock could perform in this market it has to be this one.
Covid-19 Test kits announcement made recently by CEMI should have shipping announcement and should move the stock strongly, imo above $10, Do your DD, I think it will be worth it.
The markets downdraft may take so many stocks down today, including RHHBY. Maybe all stocks!
i see bid 36 dollar area this morning. $RHHBY
Roche Gets Emergency Approval for First Fast Covid-19 Test -- Barrons.com
10:08 am ET March 13, 2020 (Dow Jones) Print
By Bill Alpert
The first high-speed coronavirus test was approved by the U.S. Food and Drug Administration, said Roche Holding today. The Swiss medical giant's new test works in its high-volume cobas 6800/8800 systems -- widely used diagnostic machines that will be able to process up to 4,000 of the Covid-19 tests per hour. That's 10 times faster than currently used tests.
There are more than 800 of the automated Roche systems around the world, the company has said, including about 110 in the U.S. More have been placed in recent weeks. Millions of units of the Roche test will be available for the hospital and commercial labs that use its system, the company said.
Diagnostic products like the new test account for 20% of the $62 billion in revenue reported in 2019 by the company. Roche stock (ticker: ROG.Switzerland) is up 8.5% today on the news, to 298 Swiss francs (U.S. $313).
"Over the last weeks, our emergency response teams have been working hard to bring this test to the patients," said the chief of Roche Diagnostics, Thomas Schinecker, in the company's announcement.
Approved under the FDA's "emergency use authorization," the Roche test is only the third test licensed in the U.S., coming after two slower diagnostics developed by the Centers for Disease Control and Prevention and by New York state.
Frustrated with the response speed of the U.S. federal government, states like New York have made their own arrangements with medical labs to handle testing for Covid-19. South Korea was hit early by the outbreak and has now performed more than 20 times as many tests than the U.S., despite having only 16% as many citizens.
Write to Bill Alpert at william.alpert@barrons.com
(END) Dow Jones Newswires
Roche is a Switzerland company. RHHBY ( OTCQX ) they have SEC filings.
that was bad one, really bad. 'Roche Holding Ltd. (RHHBY)'
some are higher, they don't report stats to u.s.a., that is why.
Yes I did. In 1918 the Spanish flu killed 1/4 of USA population. There was no vaccine at that time
I can't recall seeing an OTC stock @ $40.00+
u.s.a. got caught with china supplying u.s.a. , how did u.s.a. let china do all of our pharma ?????
did you see Italy's latest count ????? huge number.
it is very possible, 'Roche Holding Ltd. (RHHBY)'
Roche may run past $45 on Monday morning.
Trump & Pence mentioned Roche several times yesterday and today!
It is on the OTC > No PM or AH RHHBY should pop @ opening bell!
Why hasn’t this board exploded since Trump spoke and mentioned Roche?
Not impressive IMO. $OPK $CODX $INO
Roche can only provide enough tests for 1/2 of 1% of the US population per month.
It is curious. Not sure why.
As another example, Roche's other QX ticker, RHHBF, did better than this one with a 25% gain and over 3.6M in dollar volume today...and is now priced at $374, like any big board stock of it's size in that sector.
There are obviously some clear benefits...that someone smarter than me can hopefully enlighten us about.
Will check. Cheers :)
Are you watching ARYC? It has a blood card CV-19 test pending before FDA, announced via tweets by its CSO in last day or two. See, e.g., post # 179157 on ARYC IHUB message board.
nice profit my man,
I sold before closing bell. This is an OTC listing.
President Trump declares national emergency over coronavirus
Mar. 13, 2020 3:36 PM ET|About: Alphabet Inc. (G O O G)|By: Liz Kiesche, SA News Editor
President Trump officially declares a national emergency, which will unlock access to $50B in funds.
He's asking hospitals to activate emergency plans.
The order also gives broad authority to the U.S.Health & Human Service Department.
Includes ability to waive some federal laws to allow telemedicine.
The president said his action will also waive interest on all student loans held by government agencies.
Will also purchase more crude oil to add to the strategic petroleum reserve. "We're going to fill it up right to the top," he said.
CMS director Seema Varma says the declaration will "suspend regulations that could get in the way of treating patients." She announced that nursing homes will restrict non-medically-necessary visitors.
Trump says a half million more coronavirus tests will be available next week.
There will be some U.S. partnering with the private sector to increase testing.
Roche Diagnostics (OTCQX:RHHBY),
THIS $RHHBY COULD MAKE NEW HIGHS MY FRIEND
$RHHBY, NO A.H. TRADING, NOT AH LISTED COMPANY.
RHHBY Bid: 40.24 Ask: 40.30 Last: 40.43 Chg ($): 4.778 Vol: 11,325,424
FDA Grants New Coronavirus Test Emergency Approval -- Update Dow Jones News - 3/13/2020 6:45:00 AM
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |