Zurich — Some blood tests being marketed to tell people if they have had the new coronavirus are a “disaster”, Roche CEO Severin Schwan said on Wednesday as he prepares to launch the drugmaker’s own antibody test in May.

Roche’s diagnostics business has moved out of the shadow of its main medicines unit during the pandemic, as the Swiss pharma giant confirmed its 2020 sales and profit outlook amid rising demand for Covid-19 testing...

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