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Roche to Ramp Up China Investment, Headcount

publication date: Sep 9, 2010
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Roche Holding AG will increase both its China investments and headcount, said Severin Schwan, CEO of the company, in an interview with The Wall Street Journal. Schwan was not specific about the dollar amount of its China commitment, but headcount will grow by 25% from its current base of 3,000. As we pointed out last week, the growth in China comes as Roche is cutting back its operations in Europe and the US.

Stock Symbol: (VS: ROG)

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