Novartis Archives - MedCity News https://medcitynews.com/tag/novartis/ Healthcare technology news, life science current events Tue, 19 Sep 2023 22:30:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.1 https://medcitynews.com/uploads/2021/03/cropped-mblue-32x32.png Novartis Archives - MedCity News https://medcitynews.com/tag/novartis/ 32 32 40682243 BeiGene, Novartis Drug Alliance Ends; It’s Their Second Terminated Deal This Year https://medcitynews.com/2023/09/beigene-novartis-drug-alliance-ends-its-their-second-terminated-deal-this-year/ https://medcitynews.com/2023/09/beigene-novartis-drug-alliance-ends-its-their-second-terminated-deal-this-year/#respond Tue, 19 Sep 2023 22:30:40 +0000 https://medcitynews.com/?p=649215

BeiGene welcomes the return of the immunotherapy’s rights as an opportunity to make it the backbone of its solid tumors strategy. But Novartis cedes an opportunity to gain a competitor to established cancer immunotherapies from Merck and Bristol Myers Squibb.

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HHS Will Likely Face More Lawsuits Against Drug Price Negotiation Now That It Has Named the First 10 Meds Included In the Plan https://medcitynews.com/2023/09/hhs-drug-prices-medicare-pharma/ https://medcitynews.com/2023/09/hhs-drug-prices-medicare-pharma/#respond Tue, 05 Sep 2023 22:56:12 +0000 https://medcitynews.com/?p=647661

Novartis became the seventh drugmaker to legally challenge the White House’s Medicare drug pricing negotiation program. The company filed its lawsuit three days after HHS announced the first 10 drugs that were selected for the program — its heart failure medication Entresto was one on the list. HHS can expect to face more lawsuits from the manufacturers of the 10 drugs it named last week, experts have warned.

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Novartis Pays Ionis $60M to Expand Alliance on a Hot Target for Cardio Drugs https://medcitynews.com/2023/08/novartis-pays-ionis-60m-to-expand-alliance-on-a-hot-target-for-cardio-drugs/ https://medcitynews.com/2023/08/novartis-pays-ionis-60m-to-expand-alliance-on-a-hot-target-for-cardio-drugs/#respond Thu, 03 Aug 2023 22:42:57 +0000 https://medcitynews.com/?p=644040 Image of heart and circulatory system

Novartis and Ionis Pharmaceuticals, already partners in cardiovascular disease R&D, are expanding their alliance to see if they can develop a next-generation therapy offering efficacy and dosing advantages. But competitors are already in the mix with programs addressing the same cardiovascular disease target.

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Here’s Why Novartis Is Paying $500M to Acquire a Preclinical RNA Startup https://medcitynews.com/2023/07/heres-why-novartis-is-paying-500m-to-acquire-a-preclinical-rna-startup/ https://medcitynews.com/2023/07/heres-why-novartis-is-paying-500m-to-acquire-a-preclinical-rna-startup/#respond Wed, 19 Jul 2023 00:06:13 +0000 https://medcitynews.com/?p=642030

Novartis’s acquisition of DTx Pharma brings a lead program for a rare disease with no FDA-approved therapies. But the deal could also help the pharma giant bring new RNA therapies to new places in the body, a top Novartis executive explained.

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With End of Alliance, Novartis Walks Away From Once Hot Cancer Target https://medcitynews.com/2023/07/with-end-of-alliance-novartis-walks-away-from-once-hot-cancer-target/ https://medcitynews.com/2023/07/with-end-of-alliance-novartis-walks-away-from-once-hot-cancer-target/#respond Tue, 11 Jul 2023 21:56:31 +0000 https://medcitynews.com/?p=641307

Novartis and BeiGene ended their partnership on a cancer immunotherapy for a target called TIGIT. Though BeiGene describes the termination as mutual, it comes before Novartis would need to pump more money into the alliance even as questions linger about TIGIT as a cancer target.

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Bausch + Lomb Broadens Eye Products Lineup Via $1.75B Deal With Novartis https://medcitynews.com/2023/06/bausch-lomb-acquisition-dry-eye-disease-novartis/ https://medcitynews.com/2023/06/bausch-lomb-acquisition-dry-eye-disease-novartis/#respond Fri, 30 Jun 2023 17:25:45 +0000 https://medcitynews.com/?p=640170

Dry eye disease drug Xiidra is the centerpiece of the Bausch + Lomb acquisition. The deal with Novartis also includes two experimental products, one for eye pain and the other a medical device for delivering medicines to the eye.

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Novartis Lines Up $3.2B Deal for Kidney Disease Drugs, But FTC Questions Loom https://medcitynews.com/2023/06/novartis-rare-kidney-disease-drugs-merger-acquisition-ftc/ https://medcitynews.com/2023/06/novartis-rare-kidney-disease-drugs-merger-acquisition-ftc/#respond Tue, 13 Jun 2023 17:02:28 +0000 https://medcitynews.com/?p=637980

Novartis is acquiring Chinook Therapeutics in a $3.2 billion deal that brings two late-stage drug candidates for a rare kidney disorder. The Novartis drug pipeline already has a molecule in late-stage development for the same kidney disease, which could raise questions from antitrust regulators.

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Novartis Puts Up $50M to Steer Bicycle Therapeutics’ Tech Into New Cancer Meds https://medcitynews.com/2023/03/novartis-puts-up-50m-to-steer-bicycle-therapeutics-tech-into-new-cancer-meds/ https://medcitynews.com/2023/03/novartis-puts-up-50m-to-steer-bicycle-therapeutics-tech-into-new-cancer-meds/#respond Tue, 28 Mar 2023 23:26:35 +0000 https://medcitynews.com/?p=629250

Novartis is partnering with Bicycle Therapeutics to see if the biotech’s technology can be used to develop better, more targeted radiopharmaceuticals. The deal covers two targets that were not disclosed.

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As Cell Therapy Gains Ground, Efforts Emerge to Improve CAR T-Manufacturing https://medcitynews.com/2023/01/as-cell-therapy-gains-ground-efforts-emerge-to-improve-car-t-manufacturing/ https://medcitynews.com/2023/01/as-cell-therapy-gains-ground-efforts-emerge-to-improve-car-t-manufacturing/#respond Wed, 18 Jan 2023 14:00:32 +0000 https://medcitynews.com/?p=616609 T-cells attacking cancer cell illustration of microscopic photosT-cells attacking cancer cell illustration of microscopic photos

Cell therapy offers a treatment option for some advanced blood cancers, but the manufacturing process is lengthy and complex. The biopharmaceutical industry is working on various technologies that could make manufacturing faster and more efficient, or perhaps supplant the current process altogether.

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Novartis Tops AstraZeneca With Blood Drug Data at ASH; FDA Is Next Stop https://medcitynews.com/2022/12/novartis-tops-astrazeneca-with-blood-drug-data-at-ash-fda-is-next-stop/ https://medcitynews.com/2022/12/novartis-tops-astrazeneca-with-blood-drug-data-at-ash-fda-is-next-stop/#respond Wed, 14 Dec 2022 01:00:39 +0000 https://medcitynews.com/?p=617134

Nearly all patients treated with the Novartis drug iptacopan achieved the hemoglobin goals of a pivotal study compared to zero patients who received the AstraZeneca drugs that are the standard of care in a rare blood disorder. The results were presented Tuesday during the annual meeting of the American Society of Hematology.

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Gene therapy is saving lives; There are still key challenges to realize its full potential https://medcitynews.com/2022/10/gene-therapy-is-saving-lives-there-are-still-key-challenges-to-realize-its-full-potential/ https://medcitynews.com/2022/10/gene-therapy-is-saving-lives-there-are-still-key-challenges-to-realize-its-full-potential/#respond Thu, 20 Oct 2022 13:00:31 +0000 https://medcitynews.com/?p=604840

Gene therapy can offer hope to patients with previously untreatable diseases, but there’s more work to be done to improve both the safety and efficacy of this therapeutic modality.

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European approval of Novartis cancer drug puts a new STAMP on leukemia https://medcitynews.com/2022/08/european-approval-of-novartis-cancer-drug-puts-a-new-stamp-on-leukemia/ https://medcitynews.com/2022/08/european-approval-of-novartis-cancer-drug-puts-a-new-stamp-on-leukemia/#respond Mon, 29 Aug 2022 16:52:19 +0000 https://medcitynews.com/?p=601969

Novartis drug Scemblix is the first in a new class of drugs known as STAMP inhibitors. European Commission approval of the small molecule provides a new treatment option for chronic myeloid leukemia that is resistant to earlier treatments, as well as those cases in which patients cannot tolerate the other therapies for this blood cancer.

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Novartis warns of two patient deaths after dosing with gene therapy Zolgensma https://medcitynews.com/2022/08/novartis-warns-of-two-patients-deaths-after-dosing-with-gene-therapy-zolgensma/ https://medcitynews.com/2022/08/novartis-warns-of-two-patients-deaths-after-dosing-with-gene-therapy-zolgensma/#respond Fri, 12 Aug 2022 15:29:12 +0000 https://medcitynews.com/?p=599465

The two deaths reported following treatment with Novartis’s Zolgensma mark the first fatal cases of acute liver failure associated with the gene therapy. Liver complications are a known side effect risk of Zolgensma and other genetic medicines that are delivered by engineered viruses.

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Novartis turns to algorithms developer Anumana to apply AI to cardio conditions https://medcitynews.com/2022/07/novartis-turns-to-algorithms-developer-anumana-to-apply-ai-to-cardio-conditions/ https://medcitynews.com/2022/07/novartis-turns-to-algorithms-developer-anumana-to-apply-ai-to-cardio-conditions/#respond Fri, 15 Jul 2022 20:43:04 +0000 https://medcitynews.com/?p=595496 heart, doctor, cardiac

Novartis is partnering with algorithms startup Anumana to develop a new artificial intelligence-based solution for cardiovascular diseases. The goal is to find ways to detect heart conditions years before symptoms develop in order to enable earlier intervention.

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FDA delay means BeiGene, Novartis must wait longer for cancer drug decision https://medcitynews.com/2022/07/fda-delay-means-beigene-novartis-must-wait-longer-for-cancer-drug-decision/ https://medcitynews.com/2022/07/fda-delay-means-beigene-novartis-must-wait-longer-for-cancer-drug-decision/#respond Thu, 14 Jul 2022 14:39:16 +0000 https://medcitynews.com/?p=595238

The FDA has deferred a regulatory decision on an esophageal cancer drug from partners BeiGene and Novartis, citing the need to complete inspections of the China-based facilities where the drug is made. The agency said Covid-19 travel restrictions have prevented it from conducting those inspections.

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Novartis pays $100M to get Mallinckrodt’s ticket for a speedier FDA drug review https://medcitynews.com/2022/07/novartis-pays-100m-to-get-mallinckrodts-ticket-for-a-speedier-fda-drug-review/ https://medcitynews.com/2022/07/novartis-pays-100m-to-get-mallinckrodts-ticket-for-a-speedier-fda-drug-review/#respond Fri, 01 Jul 2022 21:34:03 +0000 https://medcitynews.com/?p=593486

Novartis is acquiring an FDA priority review voucher from Mallinckrodt Pharmaceuticals. The $100 million price tag is in the neighborhood of the going rate for these vouchers, which grant a company a shorter regulatory review timeline for a drug that addresses a rare or neglected disease.

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Novartis picks Precision Bio to bring in vivo gene editing meds to blood disorders https://medcitynews.com/2022/06/novartis-picks-precision-bio-to-bring-in-vivo-gene-editing-meds-to-blood-disorders/ https://medcitynews.com/2022/06/novartis-picks-precision-bio-to-bring-in-vivo-gene-editing-meds-to-blood-disorders/#respond Wed, 22 Jun 2022 23:44:02 +0000 https://medcitynews.com/?p=592427

Novartis is paying Precision Bio $75 million up front to begin a partnership aiming to develop in vivo gene-editing therapies for serious genetic blood disorders, such as sickle cell disease. One of the goals of the alliance is to make genetic medicines more globally accessible.

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Novartis cancer drug is now first approved therapy for group of rare, genetic diseases https://medcitynews.com/2022/04/novartis-cancer-drug-is-now-first-approved-therapy-for-group-of-rare-genetic-diseases/ https://medcitynews.com/2022/04/novartis-cancer-drug-is-now-first-approved-therapy-for-group-of-rare-genetic-diseases/#respond Wed, 06 Apr 2022 17:46:09 +0000 https://medcitynews.com/?p=581568

A Novartis drug that stops abnormal cell growth in breast cancer now has an additional FDA approval treating a group of rare disorders characterized by overgrowth in various types of tissue. The regulatory decision makes the drug, Vijoice, the first approved therapy for these disorders termed “PROS.”

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Novartis restructures to save $1B; pharma & oncology to merge into single unit https://medcitynews.com/2022/04/novartis-restructures-to-save-1b-pharma-oncology-to-merge-into-single-unit/ https://medcitynews.com/2022/04/novartis-restructures-to-save-1b-pharma-oncology-to-merge-into-single-unit/#respond Mon, 04 Apr 2022 18:12:01 +0000 https://medcitynews.com/?p=581454

Novartis unveiled a corporate restructuring that is consolidating some operations in cash-saving moves expected to lead to $1 billion in annual savings. The shakeup means the departure of several key executives, including Chief Medical Officer John Tsai, who has held that role since 2018.

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Novartis targeted radiation therapy gets FDA nod for advanced prostate cancer https://medcitynews.com/2022/03/novartis-targeted-radiation-therapy-gets-fda-nod-for-advanced-prostate-cancer/ https://medcitynews.com/2022/03/novartis-targeted-radiation-therapy-gets-fda-nod-for-advanced-prostate-cancer/#respond Wed, 23 Mar 2022 23:57:19 +0000 https://medcitynews.com/?p=579246 prostate cancer slide

The FDA approved Pluvicto, a Novartis radiopharmaceutical, as a new treatment option for advanced prostate cancer. Novartis added the therapy via its $2.1 billion acquisition of Endocyte four years ago.

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Novartis turns to Voyager Therapeutics to get gene therapies into the brain https://medcitynews.com/2022/03/novartis-turns-to-voyager-therapeutics-to-get-gene-therapies-into-the-brain/ https://medcitynews.com/2022/03/novartis-turns-to-voyager-therapeutics-to-get-gene-therapies-into-the-brain/#respond Tue, 08 Mar 2022 22:55:27 +0000 https://medcitynews.com/?p=575949 brain x-ray image

Novartis is paying Voyager Therapeutics $53 million up front to begin a partnership focused on the discovery of capsids for central nervous system disorder gene therapies. Depending on the progress of the research, Voyager could earn up to $1.5 billion in milestone payments.

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FDA nod for Novartis sets up cholesterol drug showdown with Amgen, Regeneron https://medcitynews.com/2021/12/fda-nod-for-novartis-sets-up-cholesterol-drug-showdown-with-amgen-regeneron/ https://medcitynews.com/2021/12/fda-nod-for-novartis-sets-up-cholesterol-drug-showdown-with-amgen-regeneron/#respond Thu, 23 Dec 2021 10:00:51 +0000 https://medcitynews.com/?p=563285

Novartis drug Leqvio now has the FDA’s green light, making it the first RNA interference medicine approved for lowering cholesterol. The regulatory decision sets the stage for competition against cholesterol medicines from Amgen and Regeneron that also address liver protein PCSK9.

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Novartis commits $1.5B to acquire eye disease gene therapy biotech Gyroscope https://medcitynews.com/2021/12/novartis-commits-1-5b-to-acquire-eye-disease-gene-therapy-biotech-gyroscope/ https://medcitynews.com/2021/12/novartis-commits-1-5b-to-acquire-eye-disease-gene-therapy-biotech-gyroscope/#respond Wed, 22 Dec 2021 16:10:58 +0000 https://medcitynews.com/?p=563240

Novartis is acquiring gene therapy developer Gyroscope Therapeutics and its lead program, a potential treatment for the vision loss disorder geographic atrophy. It’s the latest in a series of M&A moves made by Novartis to build up its gene therapy pipeline.

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Novartis, BeiGene ink another deal; plan for tests of checkpoint cancer drug combos https://medcitynews.com/2021/12/novartis-beigene-ink-another-deal-plan-for-tests-of-checkpoint-cancer-drug-combos/ https://medcitynews.com/2021/12/novartis-beigene-ink-another-deal-plan-for-tests-of-checkpoint-cancer-drug-combos/#respond Mon, 20 Dec 2021 23:32:30 +0000 https://medcitynews.com/?p=563045

Novartis is partnering with BeiGene on the development of a drug that addresses TIGIT, a hot cancer immunotherapy target. The Swiss pharma giant is committing $300 million up front, and up to $700 million more upon exercising its option on BeiGene’s antibody drug.

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Novartis boosts neuro pipeline through alliance on UCB Parkinson’s drugs https://medcitynews.com/2021/12/novartis-boosts-neuro-pipeline-through-alliance-on-ucb-parkinsons-drugs/ https://medcitynews.com/2021/12/novartis-boosts-neuro-pipeline-through-alliance-on-ucb-parkinsons-drugs/#respond Thu, 02 Dec 2021 17:41:56 +0000 https://medcitynews.com/?p=560774 Neurons

Novartis is paying UCB $150 million up front to share in the development of two clinical-stage Parkinson’s disease drugs that offer new approaches to treating the disease. Depending on the progress of those drugs, UCB could earn up to $1.5 billion in milestone payments.

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Novartis is cashing out of Roche for $21B, 20 years after mega-merger that never happened https://medcitynews.com/2021/11/novartis-is-cashing-out-of-roche-for-21b-20-years-after-mega-merger-that-never-happened/ https://medcitynews.com/2021/11/novartis-is-cashing-out-of-roche-for-21b-20-years-after-mega-merger-that-never-happened/#respond Thu, 04 Nov 2021 18:00:04 +0000 https://medcitynews.com/?p=556841

Novartis’s equity stake in Roche, shares acquired 20 years ago in a strategy to build up to a potential mega-merger, will be sold back to the company in a $20.7 billion deal. The cash proceeds could fuel Novartis R&D, as well as potential dealmaking.

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Novartis “one transplant for life” drug flunks test in kidney transplant patients https://medcitynews.com/2021/09/novartis-one-transplant-for-life-drug-flunks-test-in-kidney-transplant-patients/ https://medcitynews.com/2021/09/novartis-one-transplant-for-life-drug-flunks-test-in-kidney-transplant-patients/#respond Fri, 03 Sep 2021 16:46:42 +0000 https://medcitynews.com/?p=548072 Urinary system, bladder, kidney

A Novartis drug intended to prevent organ rejection has failed to beat out the standard of care therapy in a Phase 2 study in kidney transplant patients. Other clinical trial failures announced ahead of the Labor Day weekend include a Forte Biosciences atopic dermatitis drug, as well a cancer therapy from Takeda Pharmaceutical.

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Versanis Bio unveils $70M and a Novartis drug ready for Phase 2 test in obesity https://medcitynews.com/2021/08/versanis-bio-unveils-70m-and-a-novartis-drug-ready-for-phase-2-test-in-obesity/ https://medcitynews.com/2021/08/versanis-bio-unveils-70m-and-a-novartis-drug-ready-for-phase-2-test-in-obesity/#respond Tue, 31 Aug 2021 18:53:01 +0000 https://medcitynews.com/?p=547412

Novartis was unsuccessful developing bimagrumab as a treatment for a rare muscle disorder, but additional tests showed encouraging results in fat reduction. Startup Versanis Bio licensed rights to the antibody and plans to use its Series A financing for clinical trials testing the drug in obese patients.

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Novartis radiopharmaceutical improves survival in key prostate cancer study https://medcitynews.com/2021/06/novartis-radiopharmaceutical-improves-survival-in-key-prostate-cancer-study/ https://medcitynews.com/2021/06/novartis-radiopharmaceutical-improves-survival-in-key-prostate-cancer-study/#respond Thu, 03 Jun 2021 21:33:43 +0000 https://medcitynews.com/?p=533714 prostate cancer slide

Novartis reported Phase 3 study results for a targeted radiation therapy showing that treatment helped patients with advanced prostate cancer live longer. The company will present data from this pivotal study during the annual meeting of the American Society of Clinical Oncology.

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EMD Serono targeted therapy gets speedy FDA approval for lung cancer https://medcitynews.com/2021/02/emd-serono-targeted-therapy-gets-speedy-fda-approval-for-lung-cancer/ https://medcitynews.com/2021/02/emd-serono-targeted-therapy-gets-speedy-fda-approval-for-lung-cancer/#respond Thu, 04 Feb 2021 02:31:15 +0000 https://medcitynews.com/?p=513338

EMD Serono’s Tepmetko is one of a number of targeted cancer therapies that have passed FDA muster in the past year. The decision sets up the German company’s pill for head-to-head competition with a Novartis drug targeting the same genetic signature.

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