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via finance.yahoo.comBusiness & Companies

Novartis: experimental MS drug remibrutinib cuts relapses with no liver safety signal

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Shares of Swiss drugmaker Novartis slipped on Monday, as the company said on Friday its experimental multiple sclerosis drug remibrutinib cut relapses by roughly a third versus Sanofi-owned rival Aubagio (teriflunomide) in two late-stage trials, with no signs of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishFavorable late-stage data for a large pharma's experimental drug could support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01In the REMODEL-1 and REMODEL-2 trials, the yearly relapse rate fell by roughly a third versus teriflunomide.
  2. 02The reductions were 35.2% and 31.2%.
  3. 03No Hy's Law cases were recorded in remibrutinib patients.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Novartis AGNVSStock151.12 USDMarket closedtoday -3.30%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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