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Stock Market & Financial Investment News

News Breaks
March 18, 2013
05:19 EDTNVSAlcon announces EU approval of Jetrea
Alcon, a division of Novartis, announces that the European Commission has approved Jetrea in the EU for the treatment of vitreomacular traction, or VMT, including when associated with macular hole of diameter less than or equal to 400 microns. VMT is often responsible for progressive sight-threatening symptoms and irreversible vision loss, and is estimated to affect between 250,000-300,000 people in Europe alone.
News For NVS From The Last 14 Days
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May 17, 2013
16:20 EDTNVSNovartis drug Afinitor extended time without disease progression in women
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May 16, 2013
08:11 EDTNVSNovartis says no intention of pursuing Actavis, Bloomberg reports
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May 15, 2013
19:37 EDTNVSNovartis weighing Actavis bid, WSJ reports
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18:17 EDTNVSNovartis weighs possible bid for Actavis, DJ reports
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May 10, 2013
05:42 EDTNVSNovartis drug Ilaris approved by FDA
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May 6, 2013
16:23 EDTNVSArray to start first company-led Phase 3 trial with MEK162
Array (ARRY) announced the planned start of its first company-led Phase 3 trial with MEK162 in low-grade serous ovarian cancer. This is the third MEK162 pivotal trial that is expected to initiate in 2013 and one of five pivotal trials Array expects to begin in 2013 on Array-invented products. Novartis (NVS), who is co-developing MEK162 with Array, previously stated that Phase 3 trials in NRAS-mutant melanoma and BRAF-mutant melanoma are expected to start this year and AstraZeneca has announced its plans to initiate two registration trials with selumetinib, a MEK inhibitor invente (AZN) d by Array, in KRAS-mutant non-small cell lung cancer and in thyroid cancer. Array also recently released initial data on its wholly-owned hematology drug, ARRY-520, from a combination trial with VelcadeŽ (bortezomib) in patients with relapsed or refractory multiple myeloma (MM), showing that the drug was generally well-tolerated and showed initial signs of activity in this heavily pretreated population.

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