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Novartis, PTC Therapeutics and Huntington's disease
Novartis in up to $2.9 billion licensing deal for PTC Therapeutics Huntington's disease drug
Swiss drugmaker Novartis will pay up to $2.9 billion for PTC Therapeutics' promising experimental drug for a neurological disorder called Huntington's disease, sending the U.S.-based biotech's shares up about 14% on Monday.
Novartis to pay $1 billion upfront to license Huntington’s drug from PTC
Novartis is paying $1 billion upfront in a licensing deal for an experimental Huntington’s disease treatment from PTC Therapeutics.
Novartis wagers billions of dollars on PTC Huntington’s drug
At the center of a new licensing deal is an experimental medicine, PTC518, which is currently being tested in a roughly 250-person study that should produce results next year.
3h
on MSN
Novartis cannot block generic of best-selling heart drug, US appeals court says
Novartis failed to persuade a U.S. appeals court on Wednesday to halt MSN Pharmaceuticals' proposed generic of Novartis' ...
Yahoo Finance
14h
Why Novartis (NVS) is a Top Growth Stock for the Long-Term
Switzerland-based
Novartis
has one of the strongest and broadest portfolios of varied drugs that has enabled it to maintain its dominant position as a top pharma company over the years. It continues ...
14h
Novartis downgraded to Reduce from Hold at HSBC
HSBC analyst Rajesh Kumar downgraded Novartis (NVS) to Reduce from Hold with a price target of CHF 82, down from CHF 95. The firm calls the ...
16h
Fmr LLC Boosts Stake in Novartis AG (NYSE:NVS)
Fmr LLC grew its position in shares of Novartis AG (NYSE:NVS – Free Report) by 5.5% during the 3rd quarter, Holdings ...
Yahoo
12d
Novartis acquires Kate Therapeutics to advance gene therapies
Novartis
has announced the acquisition of San Diego-based Kate Therapeutics in a deal valued at $1.1bn, enhancing its ...
11h
Novartis Canada awards more than $680,000 to community-based programs aimed at advancing health equity
Novartis Pharmaceuticals Canada Inc. (Novartis) is pleased to announce the three recipients of its inaugural Health Equity ...
The Pharma Letter
1d
Novartis deal and $250 million set Olema on the way
US biopharma Olema Pharmaceuticals has announced a clinical trial collaboration and supply agreement with Swiss pharma giant ...
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PTC Therapeutics
United States
Olema
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