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Novartis condemns the terrorist actions against people in Israel and loss of innocent lives
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Novartis to present new oncology data at ESMO 2023 demonstrating practice-changing innovation in advanced prostate and early breast cancer
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- Key data from the Phase III PSMAfore trial has been selected for a Presidential session; PSMAfore is investigating PluvictoTM(INN: lutetium (177Lu) vipivotide tetraxetan) in the pre-chemotherapy setting for patients with PSMA-positive metastatic castration-resistant prostate cancer (mCRPC)
- New analysis of key subgroups of clinical interest from NATALEE reinforces the potential of Kisqali®(ribociclib) plus endocrine therapy (ET) to consistently reduce the risk of cancer recurrence across a broad popu
Novartis executes Sandoz Spin-off, completing strategic transformation into a leading, focused innovative medicines company
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Ad hoc announcement pursuant to Art. 53 LR
Novartis investigational iptacopan Phase III study demonstrates clinically meaningful and highly statistically significant proteinuria reduction in patients with IgA nephropathy (IgAN)
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Ad hoc announcement pursuant to Art. 53 LR
Novartis completes divestment of ‘front of eye’ ophthalmology assets
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- Divestment includes Xiidra®, on-market treatment for dry eye disease and additional ophthalmic investigational therapies
- Novartis advances strategy of focused portfolio and prioritized therapeutic areas for future growth
Basel, September 29th, 2023 — Novartis today announced that it has completed its divestment of ‘front of eye’ ophthalmology assets to Bausch + Lomb, a global eye health company, in a transaction valued up to USD 2.5 billion, consisting of 1.75 billion in upfront cash, plus potential add
Sandoz receives European Commission approval for Tyruko® (natalizumab), first and only biosimilar for multiple sclerosis in Europe
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- Biosimilar Tyruko® approved for all indications of reference medicine, as first and only biosimilar to treat relapsing forms of multiple sclerosis (MS) in Europe
- Decision based on evidence from extensive analytical characterization demonstrating similarity of biosimilar with reference biologic, in addition to Phase I and confirmatory Phase III studies.
Novartis radioligand therapy Lutathera® demonstrated statistically significant and clinically meaningful progression-free survival in first line advanced gastroenteropancreatic neuroendocrine tumors (GEP-NETs)
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- Phase III NETTER-2 trial met primary endpoint of improvement in progression-free survival (PFS) and key secondary endpoint of objective response rate (ORR) in patients with Grade 2 and 3 advanced gastroenteropancreatic neuroendocrine tumors (GEP-NETs) who received first line treatment with Lutathera® in combination with long-acting octreotide, versus high-dose long-acting octreotide alone1,2
- Lutathera is the first radioligand therapy (RLT) to demonstrate clinically meaningful benefit in a
Novartis confirms Sandoz Spin-off for October 4, 2023
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- Sandoz shares (SDZ) to be listed and traded on SIX Swiss Exchange; ADRs to be traded on OTCQX®, first trading day October 4, 2023
- Sandoz to be included in key Swiss market indices
- Investment grade credit rating for Sandoz confirmed: Moody’s, Baa2; S&P, BBB
- Debt financing of USD 3.75 billion (in various currencies) secured for Sandoz, supported by USD 1.25 billion revolving credit facility
- Spin-off to be completed by way of a 1:5 distribution of Sandoz shares to Nov
Novartis statement on collaboration and license agreement for tislelizumab with BeiGene, Ltd.
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