GENEVA (AP) — Growing demand for its cancer medicines and diagnostic tests used by clinical laboratories helped Swiss drug maker Roche Holding AG post a modest 2.4 percent increase in full-year profits.

The Basel-based company said Wednesday that it made a net profit of 9.77 billion Swiss francs ($10.6 billion) in 2012, against 9.54 billion francs the year before, and that it anticipates further gains this year.