Roche's Pharma Head Believes Its First Cancer Immunotherapy Will Win FDA Approval Soon

Roche Holding AG said its most advanced experimental drug to harness the immune system in the fight against cancer may win U.S. regulatory approval this year, becoming the first such treatment to help the roughly 430,000 people diagnosed annually with bladder cancer.

The medicine, called atezolizumab, may generate around $3 billion in sales by 2020, according to Bloomberg Intelligence. It will face competition from Bristol-Myers Squibb Co. and Merck & Co. products.

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