ADVFN - Advanced Financial Network.
HOME» NYSE » N » NVS Stock Price » NVS Stock News

Novartis Share News

 Novartis Ag Basel Stock Price
NVS Stock Price
 Novartis Ag Basel Stock Chart
NVS Stock Chart
 Novartis Ag Basel Stock News
NVS Stock News
 Novartis Ag Basel Company Information
NVS Company Information
 Novartis Ag Basel Stock Trades
NVS Stock Trades

Novartis Challenges Use Of Avastin In UK To Treat Eye Disease

By Marta Falconi Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Swiss drug maker Novartis (NVS) is challenging the use of a unlicensed cheaper medicine to treat an eye disease in the U.K. as an alternative to its drug Lucentis. "It is unacceptable to put the safety of patients at risk through the widespread use of an unlicensed treatment when a licensed medicine is available," Novartis said in a statement. "It undermines the regulatory process that was introduced to safeguard patients." Novartis also said there is "emerging evidence" of potential safety concerns on the use of Avastin, or bevacizumab, to treat a neovascular form of age related macular degeneration, known as wet AMD. The BBC Tuesday said Novartis was seeking a judicial review of the policy to pay for Avastin on the publicly funded National Health Service, after the NHS in four areas in the south of England agreed last year that Avastin could be prescribed for the condition. Novartis declined to comment on whether it was seeking the review. Lucentis, Novartis' best-selling eye drug which generated $2.05 billion in sales in 2011, is recommended for use by the NHS to treat wet age-related macular degeneration. -By Marta Falconi, Dow Jones Newswires; +41 43 443 8043; marta.falconi@dowjones.com

Stock News for Novartis (NVS)
DateTimeHeadline
01/28/201513:45:10EU Approves Three-Part Deal Between Novartis, GlaxoSmithKline
01/27/201517:37:33ADR Shares End Mixed; Philips Shares Drop
01/27/201513:31:53Zurich Stocks Enjoy Gains -- Market Talk
01/27/201513:23:40Novartis Upbeat Despite Weaker Profit -- 2nd Update
01/27/201513:16:43EUROPE MARKETS: Philips, Siemens Shares Weigh On European Markets
01/27/201504:42:08Novartis Upbeat Despite Weaker Profit -- Update
01/27/201502:43:04Novartis Posts Fall in Fourth-Quarter Profit
01/22/201510:31:06Novartis 4Q Profit May Drop -- Earnings Preview
01/22/201510:01:33Novartis 4Q 2014 -- Forecast
01/20/201517:13:11Supreme Court Sides With Teva in Patent Case on Copaxone -- 2nd...
01/20/201512:59:54Supreme Court Sides With Teva in Patent Case on Copaxone -- Update
01/20/201511:02:18Supreme Court Sides With Teva in Patent Case on Copaxone
01/19/201507:30:12Novartis Wins European Approval for Skin Remedy Cosentyx
01/19/201506:22:23EUROPE MARKETS: European Stocks Edge Higher, But Oil Shares Underperform
01/15/201511:56:52Swiss Businesses Fear Franc's Strength --Update
01/15/201510:50:32Swiss Businesses Fear Impact of Central Bank's Franc Move
01/08/201503:12:33Novartis Applies for U.S. Approval for Lung Disease Drugs
01/07/201508:30:09Eli Lilly 2015 Outlook Falls Below Expectations
01/06/201511:20:20India Shares Post Biggest Percentage Decline in 16 Months
01/01/201503:21:24Novartis Completes Sale of Animal Health Division to Eli Lilly

Novartis and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad