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"Roche delivered strong operating results in the first half of 2012, driven by the solid performance of our existing portfolio as well as new product launches," Chief Executive Severin Schwan said. In a statement, he cited new cancer drugs Zelboraf, Erivedge and Perjeta and product pipeline with 72 new molecular entities in clinical development. Schwan told reporters the company would look for small and medium-size acquisitions after the failure of its hostile bid for Illumina. The company said it saw strong sales for cancer drugs such as Rituxan and Herceptin, which were overtaking sales of its best-selling Avastin after it lost approval in the U.S. for treating advanced breast cancer. Roche said its hepatitis drug Pegasys and rheumatoid arthritis treatment Actemra/RoActemra were doing well. Roche also makes the influenza treatment Tamiflu, medical diagnostic tests, the Accu-Chek blood-sugar testing system, weight-loss drug Xenical and HIV medicine Fuzeon and Tarceva for pancreatic cancer. About 1,000 jobs are to be lost in the United States, with those operations shifted to Basel and Schlieren, Switzerland, and to Penzberg, Germany. The company expects the consolidation to result in about 80 more jobs in Switzerland and Germany. In 2011, Roche said it had more than 80,000 employees worldwide, more than a quarter of them in the United States.
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