Novartis faces a setback as Pelacarsen fails to meet Phase 3 goals, dampening investor confidence and prompting a rethink of its gene‑silencing strategy.
Novartis’s shares tumble after Phase III failures in del‑desiran for DM1 and pelacarsen for LDL, highlighting risks for a $6 billion‑plus market opportunity.
Novartis expands U.S. production with a new Texas plant, boosting prescription and generic capacity while streamlining supply chains for cardiovascular, oncology and immunology therapies.
Novartis’ dual thrust—Fabhalta’s 49% kidney‑slowdown efficacy and a $2 bn Excellergy anti‑IgE deal—boosts its portfolio, revenue outlook and investor confidence.