SWX:NOVNPharmaceuticals
Novartis Gains EMA Backing For Remibrutinib As Valuation Signals Diverge
The EMA’s Committee for Medicinal Products for Human Use has issued a positive opinion for Novartis’s remibrutinib for chronic spontaneous urticaria.
The recommendation supports marketing authorization in the EU for a highly selective oral BTK inhibitor targeting patients with unmet treatment needs.
Novartis (SWX:NOVN) is a large global pharmaceutical group with a focus on immunology and other specialty therapies, so progress on remibrutinib fits squarely within its core franchise. For...