MedPath

NOVARTIS

NOVARTIS logo
🇨🇭Switzerland
Ownership
Public, Private
Established
1996-01-01
Employees
76K
Market Cap
$242.6B
Website
https://www.novartis.com/our-science/novartis-institutes-biomedical-research
finance.yahoo.com
·

Clinical Trials Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)

The clinical trials market, valued at USD 39,710.28 million in 2021, is projected to reach USD 52,711.08 million by 2027, growing at a CAGR of 5.05%. Factors driving growth include increased R&D spending, the impact of COVID-19, aging populations, and the rise in chronic diseases. North America leads in market growth due to high R&D expenditure and the prevalence of diseases.

Biosimilars Market Key Growth Drivers and Trends Forecast

The biosimilars market is projected to grow from $29.4 billion in 2023 to $66.9 billion by 2028, driven by a 17.8% CAGR. Key drivers include demand for cost-effective treatments, patent expirations, and rapid biosimilar approvals, especially in oncology. Challenges involve complex manufacturing and regulatory hurdles, with opportunities in Asia Pacific. Leading players like Novartis and Pfizer are shaping the market through innovation.
institute.global
·

Accelerating the Race for Clinical Research and Drug Development

The UK aims to lead in clinical research post-Brexit, focusing on regulatory reform, NHS workforce and data infrastructure, patient engagement, and innovative treatments. Emphasizing AI, digital platforms, and global trials, it seeks to accelerate drug development, improve trial efficiency, and address global health challenges.
drughunter.com
·

Covalent Modifiers: Advancements in Drug Discovery for Oncology and Beyond

The article highlights advancements in covalent drug discovery, focusing on inhibitors targeting KEAP1/NRF2, KRAS(G12C), WRN helicase, and other oncology targets. It discusses novel compounds like BBO-8520, RMC-9805, VVD-214, and PF-07817883, emphasizing their mechanisms, clinical trials, and potential in treating cancers and COVID-19. The piece also covers the evolution of covalent inhibitors beyond oncology, showcasing significant approvals and acquisitions.
medium.com
·

The evolving future of Randomized Controlled Trials and the role of external control data

Randomized Controlled Trials (RCTs) are the gold standard for clinical trials, but the pharmaceutical industry faces challenges in reusing vast amounts of patient data. External Control Data (ECD) offers a way to avoid duplicating research by complementing RCTs. Challenges include data silos, awareness, patient consent, and regulatory acceptance. ECD can expedite drug development, especially for rare diseases and pediatric populations, by leveraging historical data. The data42 platform by Novartis exemplifies efforts to harness ECD for accelerating research and addressing unmet medical needs.
finance.yahoo.com
·

Novartis (NVS) Chronic Myeloid Leukemia Drug Approved by EC

Novartis' Scemblix (asciminib) approved by EC for Ph+ CML-CP treatment in adults previously treated with ≥2 TKIs, based on phase III ASCEMBL study showing higher response and lower discontinuation rates vs. Bosulif. Scemblix, a STAMP inhibitor, also FDA-approved, strengthens Novartis' oncology portfolio amid strategic focus on core pharma and therapeutic areas.
bloomberg.com
·

Novartis Will Spin Off Sandoz Generic-Drugs Unit by Next Year

Novartis AG announces spin-off of Sandoz unit, aiming to form Europe's largest generic and biosimilar drug company. This decision follows a strategic review initiated in October, addressing shareholder concerns over Sandoz's performance.
finance.yahoo.com
·

Novartis (NVS) Gets Positive CHMP Opinion for Scemblix in CML

Novartis AG announced a positive CHMP opinion recommending marketing authorization for Scemblix (asciminib) for Ph+ CML-CP treatment in adults previously treated with two or more TKIs. The EC will review the opinion, with a decision expected soon. Scemblix, if approved, offers a new CML treatment option targeting the ABL myristoyl pocket. Additionally, the EC approved Cosentyx for new juvenile arthritis indications, based on phase III study data.
© Copyright 2025. All Rights Reserved by MedPath