Severin Schwan, outgoing Roche CEO (via Getty Images)

Roche plots new course for tiragolum­ab as ex­ecs nav­i­gate biosim­i­lar chal­lenges and de­clin­ing Covid-19 sales

Roche’s tiragolum­ab flop ear­li­er this quar­ter set the pro­gram back at least a year, Sev­erin Schwan re­vealed on the com­pa­ny’s Q2 call — but the out­go­ing CEO re­mains hope­ful that the phar­ma gi­ant can “sal­vage a lot of that val­ue.”

Tiragolum­ab racked up a sec­ond straight Phase III fail back in May when it missed the pro­gres­sion-free sur­vival co-pri­ma­ry end­point as a first-line treat­ment com­bined with Tecen­triq for PD-L1-high pa­tients with non-small cell lung can­cer. Schwan said on Thurs­day that he was “per­son­al­ly very dis­ap­point­ed” in the read­out.

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