Novartis (NVS.US) has submitted a new indication for its radioactive cancer therapy for market approval in China.
On April 28, the latest announcement on the CDE official website stated that Novartis (NVS.US) has had its application for a new indication for the lutetium [177Lu] tetrofosmin injection accepted.
Goldman Sachs: The Q1 performance of U.S. pharmaceutical stocks is reassuring, and the Industry sentiment is slightly becoming more positive.
Goldman Sachs stated that amid cautious sentiment from investors towards the USA pharmaceutical sector before the Earnings Reports season, the performance of USA pharmaceutical companies that have reported results so far for the first quarter has not been worse than expected, and in some cases, it has even exceeded expectations.
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Kepler Capital Keeps Their Buy Rating on Novartis AG (NOVN)
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Report Says 25% Pharma Tariff Would Raise US Drug Prices by $51 Billion Annually, Reuters Reports
Novartis AG: Stable Outlook With Mixed Product Performance and Favorable Forex Impact Justifies Hold Rating
Novartis Expected to Post Higher Profit, Sales -- Earnings Preview
Harrow Authorizes Nordic Group Unit to Sell Generic Version of Maxitrol Eye Treatment
Earnings Preview: Novartis AG to Report Financial Results Pre-market on April 29
Novartis, Sanofi CEOs Push for EU Drug Pricing Reforms Amid Tariff Concerns
AstraZeneca CEO Urges Europe to Spend More on Health or Risk Falling Behind -- Market Talk
European pharmaceutical giants are calling for an increase in pharmaceutical prices to the same level as in the USA.
The CEOs of the two major pharmaceutical giants in Europe, Novartis and Sanofi, stated in an open letter on Wednesday that in order to attract investment, the EU should allow pharmaceutical prices to rise to the levels found in the USA. Pharmaceutical prices in the USA are the highest in the world, often nearly three times that of other developed countries. Novartis CEO Vas Narasimhan and Sanofi CEO Paul Hudson wrote, "Price controls and austerity measures in Europe have reduced the attractiveness of its market." They added, "In the context of declining biopharmaceutical competitiveness in Europe, uncertainty about tariffs further diminishes the motivation to invest in the EU." They believe that EU
Roche Plans $50 Billion US Investment Over 5 Years With 12,000 New Jobs
Trump Mulls Cutting US Drug Prices to International Levels, Reuters Reports
AlphaValue/Baader Europe Lifts Novartis Price Target on Upbeat Earnings Outlook
The Swiss pharmaceutical company Roche plans to invest 50 billion USD in the USA over the next five years for its pharmaceutical and diagnostics business.
Roche Holdings will invest 50 billion USD in the USA over the next five years for pharmaceutical and diagnostic Business. In the context of Donald Trump's push for a protectionist trade agenda, this Swiss pharmaceutical company joins a number of others in increasing investment in the USA. Roche stated in a press release on Tuesday that the plans include expanding and upgrading manufacturing and distribution capabilities in Kentucky, Indiana, New Jersey, Oregon, and California. Roche also plans to establish a production facility to support the scale-up of next-generation weight loss drugs, but has not disclosed the location of the factory. This commitment is similar to actions taken by Swiss competitor Novartis, which earlier this month...
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Hikma Acquires Rights to Generic Version of Novartis' Mekinist