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via finance.yahoo.comBusiness & Companies

Novartis wins second US approval for remibrutinib

FROM THE WIRE · FINANCE.YAHOO.COM

Earlier this month, Novartis (NYSE:NVS) won a second US approval for Rhapsido, the drug also known as remibrutinib, this time for symptomatic dermographism, a form of chronic hives. In a late-stage trial, twice as many adults on the drug reached complete hive resolution by week…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRemibrutinib's approval matters, but shares also depend on other pipeline readouts.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Novartis won a second US approval for Rhapsido (remibrutinib) for symptomatic dermographism.
  2. 02Twice as many adults on the drug reached complete hive resolution by week 12 versus placebo.
  3. 03A failed late-stage trial of del-desiran hit the shares six weeks ago.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Novartis AGNVSStock153.37 USD-0.17%today -0.18%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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