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Stock Market & Financial Investment News

News Breaks
March 25, 2014
11:26 EDTNVSDoctor recommends FDA not approve Novartis heart drug
In a clinical review made available as part of briefing documents ahead of an FDA advisory panel meeting, doctors Melanie Blank and Tzu-Yun McDowell recommended that Novartis' serelaxin not be approved at this time "because there is insufficient evidence to support the proposed indication," which is to improve the symptoms of acute heart failure through reduction of the rate of worsening of heart failure. The advising doctors added that they did not identify any significant safety concerns precluding approval. The briefing documents were posted on the FDA website ahead of a cardiovascular and renal drugs advisory committee meeting scheduled for March 27. Reference Link
News For NVS From The Last 14 Days
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July 1, 2015
05:16 EDTNVSNovartis division Alcon receives CE Mark for AcryS of IQ Aspheric IOL
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June 30, 2015
05:32 EDTNVSNovartis launches first Apple Watch app for visually impaired people
Novartis Pharmaceuticals (NVS) announced the release of new features for its ViaOpta applications, and the extension for use with smart watches. The discreet, hands-free nature of using ViaOpta app with wearable devices, such as Apple Watch (AAPL) and Android Wear (GOOG), provides users with an experience that seamlessly fits into their existing routines allowing those with visual impairments to navigate daily life with even greater ease.
June 29, 2015
08:35 EDTNVSAnacor announces amendment to KERYDIN commercialization agreement
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05:15 EDTNVSNovartis acquires Spinifex Pharmaceuticals, terms not disclosed
Novartis announced that it has entered into an agreement to acquire Spinifex Pharmaceuticals. Spinifex Pharmaceuticals is a U.S. and Australian-based, privately held development stage company, focused on developing a peripheral approach to treat neuropathic pain such as EMA401, a novel angiotensin II Type 2 receptor, or AT2R, antagonist. Financial terms were not disclosed.
June 26, 2015
07:44 EDTNVSNovartis drug Farydak recommended by CHMP for EU approval
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June 25, 2015
14:02 EDTNVSNovartis initiated with a Buy at HSBC
Price target CHF 115.

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