Novartis delivered strong core margin expansion (cc) and continued to strengthen the pipeline in Q3; on track for full – year guidance

Basel, October 27, 2015 – Commenting on the results, Joseph Jimenez, CEO of Novartis, said: “Novartis continued to make strong progress on innovation and key launches in the third quarter. The Pharmaceuticals and Sandoz Divisions continue to perform exceptionally well, offsetting softness in the Alcon Division. Entresto was approved and launched in the US, and Tafinlar + Mekinist was approved in the EU for BRAF-mutant melanoma. We confirm our full – year guidance.”

  • Solid growth (cc[1]) in Q3 sales, core operating income, core EPS for continuing …
/by

Sandoz introduces authorized generic version of LESCOL® XL in the US

Princeton, New Jersey, October 16, 2015 – Sandoz today announced the US introduction of fluvastatin sodium extended-release tablets, USP, an authorized generic version (AGx) of LESCOL® XL, which is marketed by Novartis Pharmaceuticals Corporation. This is another great example of cross-divisional collaboration in the context of the ongoing Novartis Group Rx-Gx program.

Fluvastatin sodium extended-release tablets, USP are indicated as an adjunctive therapy with changes to diet to lower cholesterol, slow the progression of heart disease and reduce the risk of needing …

/by

Kenya is first country to launch ‘Novartis Access’, expanding affordable treatment options against chronic diseases

  • Novartis Access is a first-of-its-kind portfolio of products aimed at increasing access to medicines against cardiovascular diseases, diabetes, respiratory illnesses and breast cancer in low- and low-middle-income countries
  • Program supports Kenyan government on noncommunicable disease (NCD) prevention and control – by 2030, NCDs are expected to cause more than 60% of deaths in the country1
  • Agreements signed with Kenyan government and NGOs include programs to distribute medicines, raise disease awareness and strengthen healthcare system capabilities in key …
/by

Sandoz is a triple winner at 2015 Global Generics & Biosimilars Awards in Madrid

Holzkirchen, October 14, 2015 – Last night in Madrid, Sandoz picked-up three accolades at the Global Generics & Biosimilars Awards hosted by the Generics Bulletin including Company of the Year.

The recent launch of Zarxio, the first US biosimilar, which has paved the way for greater access to high-quality biologics won Biosimilar Initiative of the Year. In September this year, Sandoz became the first company to introduce a biosimilar in the US – leading the way in the US just as it did in Europe nearly 10 years ago.

The …

/by

FDA accepts Sandoz regulatory submission for a proposed biosimilar etanercept

  • Etanercept is an anti-TNF medicine used to treat a range of immunological diseases including rheumatoid arthritis and psoriasis.
  • Sandoz is seeking approval for all indications included in the reference product’s label.
  • Sandoz believes that the totality of evidence in its submission, including two pivotal clinical studies, will demonstrate that the proposed biosimilar is essentially the same as the reference product.

Holzkirchen, October 2, 2015 – Sandoz, a Novartis company and the global leader in biosimilars, announced today that the US …

/by