74.09 0.00 (0.00%)
After hours: 4:43PM EDT
|Bid||73.00 x 1100|
|Ask||77.00 x 1000|
|Day's Range||73.79 - 74.30|
|52 Week Range||73.79 - 94.19|
|PE Ratio (TTM)||21.72|
|Forward Dividend & Yield||2.98 (3.93%)|
|1y Target Est||N/A|
A drug being co-developed by Roche to treat spinal muscular atrophy (SMA) helped improve development scores in babies with the genetic disease, a study released on Monday showed, as the race heats up for therapies destined to be among the drug industry's most expensive. PTC Therapeutics, which struck a licensing deal with Roche in 2011 for its SMA programme, said more than 90 percent of babies with severe Type 1 SMA given the RG7916 drug achieved a greater than four-point increase in a test to measure their neuromuscular progress six months after treatment began. Novartis is also quickly advancing in the SMA field with its $8.7 billion acquisition this year of U.S.-based Avexis that is working on a gene therapy for the disorder.
Novartis (NVS) announces positive results on Kymriah from the JULIET TRIAL in patients with relapsed or refractory diffuse large B-cell lymphoma.
Over the past 10 years Novartis AG (NYSE:NVS) has returned an average of 4.00% per year from dividend payouts. The company is currently worth US$191.86B, and now yields roughly 3.71%.Read More...
Novartis on Friday touted safety and efficacy of its biosimilar copies of Johnson & Johnson's Remicade and Amgen Inc's Enbrel, citing a study it hopes will help convince doctors that switching from the original medicines is a viable alternative for treating autoimmune diseases. The Swiss drugmaker said Zessly, its Remicade biosimilar, matched the original medicine for safety and efficacy at 54 weeks, including in patients who switched from the original.
Federal prosecutors in Manhattan are investigating whether Michael Cohen, the longtime personal lawyer for Donald Trump, illegally engaged in secret lobbying, people familiar with the investigation said, as part of the government’s broader probe into Mr. Cohen’s business dealings. In the course of that investigation, the prosecutors have contacted companies that hired Mr. Cohen as a consultant after Mr. Trump won the 2016 presidential election, including AT&T Inc. and Novartis AG, according to other people familiar with the matter.
Allergan (AGN) posts positive top-line data from a phase III study on Bimatoprost SR, a biodegradable implant for reducing IOP in patients with open-angle glaucoma or ocular hypertension.
Can online access to mental health care improve the lives of patients with schizophrenia and multiple sclerosis? Swiss drug giant Novartis and its executive director of digital therapeutics, Joris Van Dam, say yes.
Allergan's (AGN) anti-CGRP candidate, atogepant, successful in mid-stage study, following positive data readouts from two phase III studies on another anti-CGRP candidate, ubrogepant.
The discontinuation of Lilly/AstraZeneca's two late-stage studies on their Alzheimer's disease candidate, lanabecestat adds to a long list of failed treatment options for this deadly brain disease.
Merck (MRK) steals the limelight at ASCO with a key lung cancer data presentation. Lilly (LLY) gains FDA nod for the lower dose of its rheumatoid arthritis candidate, Olumiant.
Headquartered in Basel, Switzerland, Novartis (NVS) is a pharmaceutical company specializing in research, development, manufacturing, and marketing of a broad range of healthcare products. It reports in the following three segments: Innovative Medicines Sandoz, the generics business Alcon, the eye care business
Although other companies, including AT&T, also paid Mr. Cohen for his services, Novartis is distinguished for likely having paid more than any of the others, and it drew the attention of prosecutors at home.
The U.S. Treasury Department has refused to respond to Senator Ron Wyden’s request for financial details related to payments that Swiss drugmaker Novartis AG made to Donald Trump’s lawyer Michael Cohen, a spokeswoman for the Democratic lawmaker said. Novartis is cooperating fully and provided “substantial” responses to the letter Wyden sent the company’s chief executive last month as part of a Senate Finance Committee review, according to an email from the Oregon senator’s office Wednesday.
Switzerland’s top prosecutor won’t open criminal proceedings against Novartis AG over payments the Basel-based drugmaker made to Michael Cohen, the troubled lawyer for Donald Trump. After an in-depth analysis, the Office of the Attorney-General decided there was “insufficient suspicion to justify opening criminal proceedings” it said in a statement on Wednesday. The Swiss prosecutors said they consulted with the Basel Prosecutor’s Office in Novartis’s hometown, and failed to find sufficient grounds to proceed with charges into the allegations of bribery of a foreign public official or private individual.
The Swiss attorney general's office (OAG) said on Wednesday it will not bring proceedings against Novartis in connection with $1.2 million in payments the Swiss drugmaker made to U.S. President Donald Trump's personal lawyer. The OAG had received a criminal complaint alleging bribery of foreign public officials by Novartis, which has said it struck a year-long contract with Trump lawyer Michael Cohen in 2017 to gain insights into the administration's thinking on healthcare issues. Novartis has since called the pact a mistake.
The Swiss attorney general's office (OAG) said on Wednesday it will not bring proceedings against Novartis (NOVN.S) in connection with $1.2 million in payments the Swiss drugmaker made to U.S. President Donald Trump's personal lawyer. The OAG had received a criminal complaint alleging bribery of foreign public officials by Novartis, which has said it struck a year-long contract with Trump lawyer Michael Cohen in 2017 to gain insights into the administration's thinking on healthcare issues. Novartis has since called the pact a mistake.
The annual meeting of the American Society of Clinical Oncology (ASCO) in Chicago sees cancer data presentations from several drug/biotech companies about the latest developments in treating cancer.
Novartis was last month thrown into the international spotlight after revelations about its agreement with Michael Cohen’s Essential Consultants in the year after President Trump’s inauguration. On Wednesday, the Swiss attorney-general’s office in Bern revealed that it had received “a criminal complaint alleging the bribery of foreign public officials by Novartis and by unidentified Novartis employees”. No details were given on who had filed the complaint against Novartis.
After eight exhausting years, the era of international financial rescue programmes for Greece will draw to a close in August. Arguably, however, what Greece needs most is a lasting improvement in the quality of public administration and the rule of law. Some politicians, civil servants, business people and ordinary citizens are convinced of the need for an intensive reform effort.
Novartis is one step closer to taking a bite out of AbbVie's blockbuster arthritis drug after a European committee recommended officials approve its Humira biosimilar on Friday.
With women hardest hit by migraine headaches, Swiss drugmaker Novartis is gearing up its marketing message to counteract sexism that it worries might become a barrier to adoption of its new medicine Aimovig. The injectable monoclonal antibody that Novartis has developed with Amgen won approval in the United States this month and on Friday bagged a recommendation from a key European panel, clearing the way for likely approval on the continent. Novartis is also considering new pricing models for Aimovig.
Novartis's (NOVN.S) generics unit on Friday won a European panel's recommendation for its biosimilar version of AbbVie's (ABBV.N) Humira as the Swiss drugmaker aims to take a bite out of sales of one of the world's best-selling medicines. The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion for marketing authorisation of Novartis's proposed biosimilar adalimumab. The European Commission nearly always follows the CHMP recommendation.