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via finance.yahoo.comBusiness & Companies

Novartis to Discontinue Development for Cardiovascular Disease Drug

FROM THE WIRE · FINANCE.YAHOO.COM

Novartis (NVS) will discontinue development of its experimental drug, pelacarsen, for atheroscleroti Keep reading this article with Yahoo Finance Plus Silver Upgrade to Silver Silver Premium news Full access to Financial Times and MT Newswires articles Stock picks Expert picks…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHalting an experimental cardiovascular drug at a large pharma group can affect pipeline expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Novartis (NVS) will discontinue development of its experimental drug pelacarsen.
  2. 02The drug was aimed at an atherosclerotic cardiovascular disease.
  3. 03The news is reported as market chatter on Yahoo Finance.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Novartis AGNVSStock162.55 USDMarket closedtoday +0.38%Negative Novartis AGNVSEFStock160.97 USDMarket closedtoday +0.46%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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