SWX:NOVNPharmaceuticals
Novartis Targets Chronic Disease Growth With Excellergy Deal And Fabhalta Data
Novartis (SWX:NOVN) agreed to acquire Excellergy, a biotech focused on anti IgE therapies for allergic diseases, including food allergies.
The company reported positive final two year Phase III results for Fabhalta in IgA nephropathy, indicating slower kidney function decline in the study population.
The FDA granted Fabhalta priority review for traditional approval in IgA nephropathy.
For investors watching large pharma, Novartis sits at the intersection of immunology, allergy, and kidney...