NEW YORK (GenomeWeb News) — Roche reported today that total receipts for its molecular diagnostics segment declined 3 percent in the first three quarters of 2007, compared with the same period one year ago, but overall revenue for the entire Diagnostics business rose 5 percent year over year.
Diagnostics sales overall rose to CHF 6.8 billion ($5.7 billion) while Molecular Diagnostics declined to CHF 856 million. However, excluding industrial reagents, sales in Molecular Diagnostics were up 3 percent.
Virology, “one of the business area’s largest segments,” rose 3 percent, driven by placements of the automated Cobas AmpliPrep/Cobas TaqMan platform in European, Asia-Pacific, and US markets, Roche said
Meantime, Roche Applied Science posted a 10-percent increase in nine-month sales. The segment's main growth drivers were the LightCycler 480 and Genome Sequencer 20 systems and research reagents, according to the company.
The company said all regions contributed to diagnostics sales in the first nine months, but pointed out particularly strong growth of 18 percent in the Asia-Pacific regions.