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

UK Health Body Approves Novartis's Gilenya For MS

ZURICH -(Dow Jones)- The U.K.'s health-cost regulator is backing Novartis's (NVS) pill Gilenya for certain adult patients with highly active relapsing-remitting multiple sclerosis. The independent National Institute for Clinical Excellence, known by its acronym NICE, said Wednesday it is recommending Gilenya, or fingolimod, for use on the publicly funded National Health Service. "We are pleased to recommend fingolimod as a treatment option for the specific patient population for whom it has been demonstrated to be cost-effective, providing Novartis applies its proposed discount," NICE Director Carol Longson said, without disclosing the price. Gilenya has been available in the European Union since March 2011 for treating relapsing-remitting MS, the most common type of the disease. The drug was approved in the U.S. in 2010. Novartis hopes the drug will become one of the leading treatments in the multibillion-dollar market for treating MS due to its easy oral use. "Novartis welcomes this final decision from NICE, which will allow appropriate patients with highly active relapsing-remitting MS to have access to Gilenya under the NHS in England and Wales," the company said in a statement, adding that it "remains committed to engaging with reimbursement authorities with the goal of ensuring that appropriate patients will have access to the treatment." Last week, EU and US regulators requested stronger label warnings for Gilenya after conducting reviews of the pill's safety, following reports of heart problems and the death of a patient. -By Marta Falconi, Dow Jones Newswires; +41 43 443 8043; marta.falconi@dowjones.com

Stock News for Novartis (NVS)
DateTimeHeadline
04/18/201509:19:03Meet the Game-Changing Drug Designed to Fight America's Leading...
04/16/201517:15:08Why Momenta Pharmaceuticals Inc. Shares Are Surging Higher
04/16/201516:51:37FDA Approves Generic Multiple-Sclerosis Drug by Novartis's Sandoz...
04/16/201516:07:15FDA Approves Novartis and Momenta's Generic Multiple-Sclerosis...
04/16/201508:58:023 Potential Blockbuster Drugs That Could Be Approved Before Year's...
04/15/201508:59:033 Biotech Stocks That May Disappear Before 2020
04/14/201508:44:32The Growing Business Of Animal Healthcare
04/12/201521:03:18My K.I.S.S. Dividend Portfolio: 1st Quarter 2015 Update
04/12/201514:02:27Johnson & Johnson: Steadily Making Its Owners Richer
04/11/201514:02:03How Amgen Could Side-Step The Sting of Patent Expiration
04/11/201503:51:07Immunotherapy: Unleashing The Immune System To Decimate Cancer
04/06/201517:54:08Bristol-Myers Invests in uniQure in Heart-Disease Pact -- 2nd...
04/06/201514:49:31Juno Therapeutics Settles Patent Dispute With Novartis
04/06/201513:23:12Aduro Biotech on deck for IPO
04/06/201510:37:47Juno settles patent fight with Novartis
04/06/201510:35:55Why uniQure N.V. Stock Skyrocketed Today
04/05/201513:02:02Disruptive Innovation Changing the Fight Against Cancer
04/03/201519:55:06Bayer's CEO Injects a Dose of U.S. Risk-Taking
03/31/201506:08:023 Cheap Dividend Stocks You Can Buy Right Now
03/30/201519:06:11FDA clears new oral formulation of Novartis' Exjade

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