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BioWorld - Thursday, March 26, 2026
Home » Novartis AG

Articles Tagged with ''Novartis AG''

Ruling for Regeneron, US appeals court schools on antitrust market

March 19, 2024
By Mari Serebrov
Real life economics, not functionality, is the standard for determining a relevant antitrust market for distinct versions of a prescription drug, the U.S. Court of Appeals for the Second Circuit said as it schooled a lower court and handed Regeneron Pharmaceuticals Inc. a win in its ongoing litigation with Novartis AG and Vetter Pharma International GmbH over the prefilled syringe market for eye drugs Eylea (aflibercept) and Lucentis (ranibizumab).
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Hand pointing at digital M&A screen

Novartis gets its Due in IFM deal

March 13, 2024
By Lee Landenberger
Nine-year-old IFM Therapeutics LLC has notched yet another big deal as Novartis AG will acquire all the outstanding capital stock of IFM Due Inc., a subsidiary of privately held IFM in an agreement that began five years ago. The newest deal brings IFM $90 million up front and makes it eligible for up to $745 million in milestone payments for a deal value of $835 million.
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Celltrion files for US approval of Xolair biosimilar, CT-P39

March 12, 2024
By Marian (YoonJee) Chu
South Korean biopharmaceutical company Celltrion Inc. submitted a BLA to the U.S. FDA on March 10 to gain approval for its Xolair (omalizumab; Novartis AG) biosimilar, CT-P39, across major indications of asthma, food allergy and chronic spontaneous urticaria.
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Celltrion files for US approval of Xolair biosimilar, CT-P39

March 11, 2024
By Marian (YoonJee) Chu
South Korean biopharmaceutical company Celltrion Inc. submitted a BLA to the U.S. FDA on March 10 to gain approval for its Xolair (omalizumab; Novartis AG) biosimilar, CT-P39, across major indications of asthma, food allergy and chronic spontaneous urticaria.
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Neurology/Psychiatric

VHB-937, a TREM2-binding MAb with efficacy in a broad range of neurodegenerative disease models

March 11, 2024
It has been previously demonstrated that TREM2 is extensively shed during chronic neuroinflammation, which hiders its function, while TREM2 activation enhances effector functions of microglia.
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US price negotiation update: Counteroffers in, another challenge dismissed

March 4, 2024
By Mari Serebrov
With two U.S. courts rejecting constitutional challenges to Medicare drug price negotiations, every company that had a drug selected for the first round of negotiations countered Medicare’s initial offer of what it considered a maximum fair price by the March 2 deadline, according to the Biden administration.
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Radiopharmaceutical illustration

Global radiopharma market poised to top $13B over next decade

March 1, 2024
By Tamra Sami
Global interest in radiopharmaceuticals is soaring, and the global radiopharma market is expected to grow 10% over the next decade to $13.67 billion by 2032, according to a new report by Precedence Research.
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Global radiopharma market poised to top $13B over next decade

Feb. 27, 2024
By Tamra Sami
Global interest in radiopharmaceuticals is soaring, and the global radiopharma market is expected to grow 10% over the next decade to $13.67 billion by 2032, according to a new report by Precedence Research.
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Antibody

Novartis paying €2.7B for longtime antibody player Morphosys

Feb. 6, 2024
By Nuala Moran
More than 30 years after entering the scene as a first-generation monoclonal antibody pioneer, Morphosys AG is to be acquired by Novartis AG for €2.7 billion (US$2.9 billion). The all-cash deal, announced after Nasdaq closed on Feb. 5, will see Novartis paying €68 per share, a premium of 94% to the average daily price in the month leading up to Jan. 25, when rumors of a takeover started swirling.
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Kidney disease illustration

Travere licenses out rare kidney disease drug to Renalys in Asia

Jan. 30, 2024
By Marian (YoonJee) Chu
Travere Therapeutics Inc. inked a licensing deal with Tokyo-based Renalys Pharma Inc. to develop sparsentan in 13 Asian countries, becoming the latest news to heat up the immunoglobulin A nephropathy (IgAN) therapy space.
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