A run of disappointing drug trials at Roche has left analysts suggesting the view from its new 41-storey office building in Basel, Switzerland, has become more clouded, with little chance of management now upgrading its growth forecast next week, when it reports first-half earnings.

The loss of 240 jobs at a pharmaceutical company in Co Clare is being described as a major blow to the entire Munster Region.

A union representing workers at the Roche pharmaceutical company in Co Clare is demanding a meeting with senior management, after the company announced their plan to exit the facility.

SIPTU is making a urgent call for a meeting with senior management of Roche in Co. Clare.

Pre-tax profits at the main Irish unit of pharmaceutical giant Roche last year fell 8% to €10.39m.