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

FDA Approves Novartis's Afinitor For Kidney Tumors

By Jennifer Corbett Dooren Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The U.S. Food and Drug Administration Thursday granted wider approval to Novartis AG's (NVS, NOVN.VX) Afinitor to treat non-cancerous kidney tumors that don't require immediate surgery. Afinitor was first approved in the U.S. in 2009 to treat kidney cancer after treatment with other drugs fail. Afinitor was approved Thursday to treat kidney tumors that are caused by a rare genetic disese called tuberous sclerosis complex, or TSC. According to FDA, the disease causes the growth of various non-cancerous tumors in the brain, kidney and other vital organs. It affects about 40,000 patients in the U.S., the majority of which develop kidney problems. TSC generally causes multiple tumors in both kidneys, which eventually cause kidney failure and bleeding. Afinitor, a pill taken once daily, blocks the uncontrolled activity of a protein called mTOR, which plays a role in the development and growth of certain tumors. Afinitor is also approved to treat certain kinds of brain and pancreatic tumors. The FDA said the approval of Afinitor for use in treating kidney tumors from TSC was based on a study involving 118 patients. About two-thirds of the patients received Afinitor and one-third were received a placebo, or fake pill. Patients receiving the placebo later had the option to receive Afinitor if their kidney tumors grew. FDA said the study showed about 42% of patients treated with Afinitor experienced "substantial" shrinkage of their tumors which lasted more than five months on average. None of the patients on the placebo had tumor shrinkage. Novartis is being required to keep following patients in the study for at least four years. FDA said the most common side effects with Afinitor were sore mouth, nausea or vomiting, skin problems, cough, headache, diarrhea, abdominal pain, joint pains, swelling of legs or arms, and upper respiratory infections. -By Jennifer Corbett Dooren; Dow Jones Newswires, 202-862-9294; jennifer.corbett@dowjones.com

Stock News for Novartis (NVS)
DateTimeHeadline
05/20/201306:52:34Affymetrix Names Gavin Wood Chief Financial Officer
05/15/201319:00:14Novartis Considers Possible Bid for Actavis
05/10/201317:23:16Correction to Story on Novartis's FDA Approval for Ilaris
05/10/201307:45:16Novartis: FDA Approves Ilaris for Serious Form of Childhood Arthritis
05/07/201308:01:41Endo Health Swings to First-Quarter Profit On Strong Generic...
04/30/201311:58:44Auction of Brazilian Drug Company Ache Stalls on Differences...
04/26/201315:50:18U.S. Sues Novartis for Allegedly Paying Kickbacks
04/25/201305:40:23Mixed Results for Drug Companies
04/24/201306:50:15Novartis Boosted by Drug Launches
04/24/201302:00:22Novartis 1Q Net Profit Misses Expectations; New Products Deliver
04/24/201301:50:21U.S. Accuses Novartis Of Kickbacks
04/23/201318:01:35U.S. Accuses Novartis of Paying Kickbacks to Pharmacies in Lawsuit
04/22/201317:31:18Anglo American Shareholder Opposition to Remuneration Report...
04/16/201312:27:18EUROPE MARKETS: Europe Stocks Extend Losses To Third Day
04/16/201306:41:33EUROPE MARKETS: Europe Stocks Hold Losses After German ZEW
04/15/201312:18:49EUROPE MARKETS: Europe Stocks Slide After China GDP; Miners Sink
04/15/201305:07:09EUROPE MARKETS: Europe Stocks Slide After China GDP, Miners Sink
04/12/201318:48:24Portola Pharmaceuticals Files Plans for $150 Million IPO
04/03/201312:10:06Merck Unit, Sun Pharma File Patent Suit Against Glenmark
04/01/201311:15:49MARKET SNAPSHOT: U.S. Stocks Retreat After Manufacturing Data

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