5 Most Profitable Biotech Stocks Today

3. Roche Holding AG (OTC:RHHBY)

Net Income TTM: $15.86 billion

Roche Holding AG (OTC:RHHBY) is a multinational healthcare company headquartered in Switzerland. The company operates in two divisions: Pharmaceuticals and Diagnostics. Roche Holding AG (OTC:RHHBY)’s independent subsidiary, Genentech, is a pioneer in biotech and serves as the base for the company’s US operations. The company’s 2022 Annual Report states that it has a global workforce of over 100,000 employees, and its medicines have benefited 14.2 million patients worldwide.

As per Insider Monkey’s database, 2 hedge funds held stakes worth $498 million in Roche Holding AG (OTC:RHHBY) in Q4 2022, compared to 2 funds in the prior quarter with stake worth $485 million.