Why Roche Holding Stock Popped Today
Roche Holding (OTC: RHHBY) stock jumped 3.4% through 1:05 p.m. ET Monday after the pharmaceutical giant's Genentech subsidiary announced positive phase 3 clinical trial results for its fenebrutinib drug for treatment of relapsing multiple sclerosis (RMS) and primary progressive multiple sclerosis (PPMS).
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Conducted over more than 96 weeks, the first trial "significantly reduced the annualized relapse rate (ARR) compared to teriflunomide," an RMS drug developed by Sanofi and currently available as a generic from multiple manufacturers.
Source Fool.com
Roche Holding AG ADR Stock
€43.15
0.340%
Currently there is a rather positive sentiment for Roche Holding AG ADR with 5 Buy predictions and 3 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 6.59% compared to the current price of 43.15 € for Roche Holding AG ADR.
