Dow Jones Newswires: Roche sees sales drop on lower demand for COVID-19 tests, but backs view

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By Cecilia Butini

Roche Holding AG on Wednesday posted a decline in sales for the first quarter as its diagnostics division suffered from significantly lower demand for Covid-19 tests, and backed its outlook for the year.

The Swiss pharma major reported sales of 15.32 billion euros ($16.82 billion) for the first quarter, down from CHF16.45…