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Novartis Pharmaceuticals

Novartis Pharmaceuticals

Pharmaceutical company

Appears in 9 stories

Stories

Kyverna touts year-long miv-cel data as Novartis, Bristol Myers pause autoimmune CAR-T trials

New Capabilities

Paused three autoimmune CAR-T trials after participant deaths

Novartis paused its autoimmune CAR-T trials this month after three patients died from a severe immune reaction, and Bristol Myers paused its own over similar inflammatory events. The same week, Kyverna Therapeutics released 12 months of follow-up data on miv-cel, its rival therapy, reporting sustained improvement in stiff person syndrome patients with no high-grade immune toxicity.

Updated 2 days ago

Roche's sefaxersen meets phase 3 goal, joining IgAN market battle with Novartis

New Capabilities

Competitor; markets Fabhalta (iptacopan) for IgAN

Roche's experimental IgA nephropathy drug sefaxersen met its phase 3 primary endpoint on September 23, cutting proteinuria versus placebo at 37 weeks in the IMAgINATION study. The result, from a prespecified interim look, was strong enough that Roche is taking it to health authorities and planning a medical meeting presentation.

Updated 3 days ago

Amgen's dazodalibep clears phase 3 Sjögren's trial

New Capabilities

Rival with ianalumab under FDA review

Sjögren's disease has no approved treatment in the US. Amgen just moved a step closer to ending that.

Updated 4 days ago

Telix acquires isotope maker ITM in deal worth up to $2.35 billion

Money Moves

Competitor and ITM's largest lutetium-177 customer

Telix Pharmaceuticals, an Australian maker of cancer imaging and treatment agents, agreed on September 21 to buy German isotope producer ITM Isotope Technologies Munich. The deal is worth up to $2.35 billion all-in, with $1.65 billion paid upfront, most of it in Telix shares.

Updated 5 days ago

The Alexandria Files for Liquor License at San Diego's Campus Point Megacampus

Built World

Investing $1.1B into new Campus Point headquarters

A venue called The Alexandria at 4150 Campus Point Court in San Diego applied for a California liquor license. The application appeared on the state's ABC licensing list on September 18, 2026.

Updated Sep 18

Novartis\' $12B del-desiran flops in crucial phase 3 trial

Money Moves

Facing investor pressure after two phase 3 failures

Novartis' experimental muscle-disease drug del-desiran failed its phase 3 Harbor trial, missing the primary endpoint and sending shares down. The drug was the centerpiece of the company's $12 billion acquisition of Avidity Biosciences, which closed last year.

Updated Sep 8

The gene therapy revolution: from fatal setback to living cures

New Capabilities

Manufacturer of Kymriah, first FDA-approved CAR-T therapy

Gene therapy killed Jesse Gelsinger in 1999. His death triggered FDA shutdowns and nearly ended the field.

Updated Jul 3

Merck races to rebuild its drug portfolio before Keytruda's patent expires

Money Moves

Incumbent competitor in CML market with Scemblix

Keytruda, the world's best-selling drug, generated $31.7 billion for Merck in 2025 — roughly 40% of the company's total revenue. Its key U.S. patents expire in 2028, and when they do, cheaper copies will enter the market and that revenue will begin to evaporate. Merck has now spent over $25 billion on three acquisitions in nine months to build the portfolio that will need to replace it.

Updated May 30

The race to protect 27 million Americans from accidental food allergen exposure

Money Moves

Competitor; developing oral BTK inhibitor for food allergy

For decades, the 27 million American adults and children with food allergies had one option: avoid the allergen and carry an EpiPen. That changed in February 2024 when the FDA approved Xolair as the first drug to reduce allergic reactions—including anaphylaxis—from accidental exposure to multiple foods.

Updated May 22