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Novartis News Archives

Novartis News Archives for October 2009

Oct 31, 2009 | The Motley Fool

Of One-Time Gains and Pipelines

The focus of AstraZeneca 's earnings report illustrates the nature of polar opposites with one-time gains and new drugs.

Comment?

Related Topix: Biotech, AstraZeneca Group, H1N1 Influenza / Swine Flu, Health, Medicine, Influenza, GlaxoSmithKline, Bristol Myers Squibb, Healthcare Industry

Fri Oct 30, 2009

Washington Business Journal

Human Genome Sciences narrows loss

Human Genome Sciences Inc. narrowed its third-quarter losses by a third, partly by increasing its revenue by 61 percent.

Comment?

Related Topix: Biotech, Medicine, Human Genome Sciences, Healthcare Industry, GlaxoSmithKline, Hepatitis, Health, Lupus

Bioscience Technology

Novartis not licensing Idenix's hepatitis C drug

Idenix Pharmaceuticals Inc. says its partner Novartis AG will not move ahead with optioning a license to a potential hepatitis C drug.

Comment?

Related Topix: Biotech, Hepatitis, Medicine, Healthcare Industry

Reuters

Vaccine firms say on track to meet U.S. H1N1 orders

Drugmakers say they are on track to deliver as much H1N1 swine flu vaccine to the United States as they promised, despite concerns over production.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Medicine, Influenza, Biotech

Thu Oct 29, 2009

The Post Chronicle

Novartis Says Will Meet U.S. Orders For H1N1 Shots

Swiss drugmaker Novartis AG is on track to deliver pandemic H1N1 swine flu vaccine to the United States in line with its commitments, despite low yields of the initial seed virus, it said on Thursday.

Comment?

Related Topix: Biotech, H1N1 Influenza / Swine Flu, Health, Medicine, Influenza

Wed Oct 28, 2009

PR-inside.com

Novartis Champions Renewable Energy With New Vacaville Solar Array

Novartis announced today the completion of the new 1 megawatt solar array near its Vacaville biopharmaceutical site.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, Vacaville, CA, Alternative Energy, Science / Technology, Renewable Energy (Green Energy), Energy

Tue Oct 27, 2009

Swissinfo

Drug makers pay millions to sway health debate

Swiss pharmaceutical giants Roche and Novartis are spending millions of dollars in an effort to influence United States politicians tackling health care reform.

Comment?

Related Topix: US Politics, US News, 2008 Presidential Election, Biotech, Barack Obama, Tammy Baldwin, US House of Representatives, Democrat, Health Insurance, Health

Drugs.com

Novartis receives Complete Response letter from FDA for QAB149, an...

Novartis has received a Complete Response letter from the US Food and Drug Administration as part of the US regulatory review for QAB149 , an investigational once-daily bronchodilator for the treatment of adult patients with chronic obstructive pulmonary disease .

Comment?

Related Topix: Biotech, Food and Drug Administration, Marketing

Mon Oct 26, 2009

Myrtle Beach Online

Novartis posts 1 percent growth in 3Q net profit

Drug maker Novartis AG has posted a 1 percent increase in third-quarter net profit driven by strong sales from its pharmaceuticals division.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, Semiconductors, ASML Holding NV, Boston Scientific, Medical Equipment, Business News

Sun Oct 25, 2009

Market Watch

Novartis: progress with leukemia, arthritis drugs

Novartis AG, /quotes/comstock/13*!nvs /quotes/nls/nvs [ch:novn] the Basel health-care giant, reported clinical-trial progress with two drugs.

Comment?

Related Topix: Biotech, Medicine, Arthritis, Healthcare Industry

Sat Oct 24, 2009

The Motley Fool

Swine Flu Doesn't Need to Save Novartis

Novartis has lots of moving parts, making it tricky to analyze, but it looks to me like the overall picture is pretty healthy.

Comment?

Related Topix: Biotech, H1N1 Influenza / Swine Flu, Health, Pfizer, Medicine, Healthcare Industry, Merck , Influenza, Onyx Pharmaceuticals

Fri Oct 23, 2009

Bloomberg

Swine Flu Vaccine Shortages in U.S. Due to Drugmaker Delays, Official Says

Swine flu vaccine supplies in the U.S. are being hindered by production delays at two drugmakers, and GlaxoSmithKline Plca s failure to gain regulatory approval for its product, a government official said.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Medicine, Influenza, Biotech, Healthcare Industry, Centers for Disease Control and Prevention, Epidemic, Natural Disasters

Star Tribune

Ahead of the Bell: Amazon to report 3Q results

Amazon.com Inc. is slated to give its third-quarter report after the market close on Thursday.

Comment?

Related Topix: Amazon, Amazoncom, Retail, Amazon.com, Biotech

Bloomberg Business News

Novartis Raises 2009 Forecast as Revenue From Gleevec, Lucentis Increases

Novartis AG raised its 2009 sales forecast as doctors prescribed more of the Gleevec cancer medicine and new treatments for eye disease and brittle bones.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, Hypertension, Health, H1N1 Influenza / Swine Flu, Influenza

Thu Oct 22, 2009

Drugs.com

Novartis delivers strong new product momentum and operational...

Strong underlying growth in first nine months of 2009 from healthcare portfolio: Net sales of USD 31.3 billion rise 8% in local currencies , led by double-digit expansion in Pharmaceuticals Operating income of USD 7.3 billion up 1%, but advances 11% in constant currencies and excluding exceptional items Net income of USD 6.1 billion down 8% due to ...

Comment?

Related Topix: Biotech, Financial Markets, 9, H1N1 Influenza / Swine Flu, Medicine, Influenza

Hampton Roads Daily Press

Cost restraint helps most drugmakers post higher profits, but recession, generics hurt sales

Drugmakers on Thursday mostly posted improved third-quarter profits by keeping costs down, as generic competition, the global recession and unfavorable currency exchange rates generally hurt sales.

Comment?

Related Topix: Biotech, Merck , Medicine, Healthcare Industry, Economics News, Bristol Myers Squibb, Schering Plough, H1N1 Influenza / Swine Flu, Health

Boston.com

For drug makers, a shot in the arm

Novartis, which develops vaccines at its Cambridge lab, expects to generate $1.2 billion from its swine flu vaccine.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Biotech, Medicine, Influenza, Hepatitis

Myrtle Beach Online

Nestle: 9-month sales fall 2.2 percent

Nestle SA, the world's biggest food and drink company, said Thursday that sales for the first nine months fell 2.2 percent as the strong Swiss franc and weakened demand hurt overall performance.

Comment?

Related Topix: 9, Auto Dealers, Biotech, Business News

Bioscience Technology

Novartis posts 1 percent growth in 3Q net profit

Drug maker Novartis AG posted a 1 percent increase in third-quarter net profit driven by strong sales from its pharmaceuticals division.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, H1N1 Influenza / Swine Flu

Wed Oct 21, 2009

Alpha One

Novartis says MS therapy drug reduces relapses

Swiss drug maker Novartis AG recently noted its FTY720 oral drug to treat multiple sclerosis reduced both relapses and disability progression.

Comment?

Related Topix: Biotech, Medicine, Multiple Sclerosis, Health

The Victoria Star

QLT shares fall for second straight day after Novartis deal amended

QLT Inc. shares fell for the second day in a row Tuesday after the company said it will have exclusive rights to sell and market its Visudyne treatment for age-related blindness in the United States starting next year.

Comment?

Related Topix: Biotech, QLT

Tue Oct 20, 2009

Pharmaceutical Processing

Biotech Company QLT Reworks Visudyne Deal With Novartis - Regains US Rights

Canadian biotechnology company QLT Inc. said Monday it will have all U.S. rights to the eye drug Visudyne after reworking a marketing agreement with Novartis AG.

Comment?

Related Topix: Biotech, QLT, Marketing

The Motley Fool

5-Star Stocks Poised to Pop: Novartis

Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, Swiss pharmaceutical giant Novartis has earned a coveted five-star ranking .

Comment?

Related Topix: Biotech, Financial Markets

Mon Oct 19, 2009

Myrtle Beach Online

Trial begins in lawsuit against maker of Zometa

A trial is under way in a Montana woman's lawsuit against Swiss drug maker Novartis Pharmaceuticals Corp., and attorneys say the verdict could have national significance.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, Marketing, Alabama, Shire plc

The Globe and Mail

QLT, Novartis amend Visudyne deal

Vancouver - Published on Monday, Oct. 19, 2009 8:22AM EDT Last updated on Monday, Oct.

Comment?

Related Topix: Biotech, QLT, Marketing

Washington Business Journal

Human Genome Sciences earns $75M payment

Human Genome Sciences Inc. has reaped the rewards of recent laboratory success, earning a $75 million milestone payment from development partner Novartis AG for bringing its treatment for chronic hepatitis C to the edge of regulatory approval.

Comment?

Related Topix: Biotech, Medicine, Human Genome Sciences, Healthcare Industry, Marketing

ABC News

U.S. Seeks More Information on Novartis Lung Drug

Swiss drugmaker Novartis AG said the U.S. Food and Drug Administration had requested more information on dosing proposed for its drug for "smoker's lung," or chronic obstructive pulmonary disease.

Comment?

Related Topix: Biotech, Food and Drug Administration

Sun Oct 18, 2009

Fool.com

Little Discord on Acorda Drug

Acorda Therapeutics illustrates why investing in small biotech companies requires nerves of steel.

Comment?

Related Topix: Biotech, Acorda Therapeutics, Medicine, Healthcare Industry, Food and Drug Administration, Teva Pharmaceutical Industries, Elan Corporation Plc

Fri Oct 16, 2009

Freshnews

Novartis Pharmaceuticals Corporation Prevails in Medicaid Pricing Case Before Alabama Supreme Court

The Alabama Supreme Court today overturned a jury verdict against Novartis Pharmaceuticals Corporation , and directed entry of judgment in favor of NPC.

Comment?

Related Topix: Alabama, Alabama Government, Biotech, Medicine, Healthcare Industry, Medicaid, Health, Marketing

Bloomberg

Swine Flu Vaccine Target for Coming Weeks Won't Be Met, CDC Official Says

Swine flu vaccine production is taking longer than expected, delaying the biggest U.S. influenza prevention program just as disease rates reached their highest level, U.S. health officials reported.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Medicine, Influenza, Centers for Disease Control and Prevention, Epidemic, Natural Disasters, Biotech, US News

Thu Oct 15, 2009

M2.com

Novartis to change sales practices

According to Jimenez, head of Novartis' pharmaceuticals division, the company will follow the example of consumer goods companies such as US food maker HJ Heinz .

Comment?

Related Topix: Biotech, Heinz H J, Food

Wed Oct 14, 2009

ETaiwanNews.com

Novartis pays US$200 million for Vanda's schizophrenia drug: report

Novartis AG bought development and marketing rights to Vanda Pharmaceuticals Inc.'s schizophrenia treatment Fanapt in the U.S. and Canada for an initial payment of US$200 million.

Comment?

Related Topix: Biotech, Schizophrenia, Medicine, Health, Healthcare Industry, Food and Drug Administration

Tue Oct 13, 2009

Bizjournals

Novartis-Vanda deal benefits Titan Pharma

In the biotech version of what goes around, comes around, Novartis AG will market Vanda Pharmaceuticals ' schizophrenia drug in the United States and Canada, which would net royalty revenue for South San Francisco's Titan Pharmaceuticals Inc.

Comment?

Related Topix: Biotech, San Francisco Metro, South San Francisco, CA, Startups, Titan Pharmaceuticals

WTOP

Shire and Sandoz settle Adderall XR patent suits

Irish drugmaker Shire PLC said Tuesday it settled patent lawsuits against Novartis AG's Sandoz unit, which was trying to market a generic version of Shire's attention deficit hyperactivity disorder drug Adderall XR.

Comment?

Related Topix: Biotech, Shire plc, Food and Drug Administration

Mon Oct 12, 2009

MSN Money

Vanda to get up to $465M in Novartis deal

Novartis Pharma AG said Monday it has agreed to pay Vanda Pharmaceuticals Inc. up to $465 million to gain exclusive rights to sell Vanda's schizophrenia drug Fanapt in the U.S. and Canada.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry

Philadelphia Business Journal

Locus, Novartis to collaborate

Locus Pharmaceuticals entered into a discovery research collaboration Friday with Novartis .

Comment?

Related Topix: Biotech, Blue Bell, PA

Sun Oct 11, 2009

Forbes

Putting Patients At The Center Of Innovation

An interview with Daniel Vasella, chairman and CEO of Novartis. Daniel Vasella In an industry often vilified for putting profits before patients, Daniel Vasella, chairman and chief executive officer of Novartis , the $40 billion pharmaceutical company headquartered in Basel, Switzerland, sits in a special spotlight.

Comment?

Related Topix: Biotech

Sat Oct 10, 2009

Broward Palm Beach New Times

Swine Flu: What No One Else Is Telling You

Given the overdose of media coverage of the swine flu virus, there are a couple of points not being discussed: 1.) We keep hearing that clinical trials are underway -- but where? And by who? And how many people are getting tested? There are five private companies manufacturing the virus, and each is doing their own tests.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Medicine, Influenza, Biotech, Baxter International, Medical Equipment, Healthcare Industry

Fri Oct 09, 2009

BNET

What the Bosses of AZ, Novartis and Schering Didn't Say in Their Healthcare Roundtable

The CEOs of AstraZeneca, Novartis and Schering-Plough shared their views on healthcare reform at a Cleveland Clinic debate the other day but more interesting was what they didn't say.

Comment?

Related Topix: Schering Plough, Biotech, Medicine, Healthcare Industry

Thu Oct 08, 2009

ABC News

Novartis Gets Worldwide Rights to Antibiotic

Swiss drugmaker Novartis AG said Thursday it bought worldwide marketing rights to an antibiotic that is being developed to treat infections caused by drug-resistant bacteria, potentially including the "superbug" MRSA.

Comment?

Related Topix: Biotech, MRSA, Health

Motley Fool

H1N1 - AZN, NVS or GSK?

The whole world seems to be fixated on the economy and the H1N1 Swine Flu. News reports today that the first shipments of the nasal version of the vaccine, manufactured by MedImmune a unit of AstraZeneca, will begin today pushed me to find out if there might be an investing play in this fear.

Comment?

Related Topix: H1N1 Influenza / Swine Flu, Health, Biotech, Medicine, AstraZeneca Group, Healthcare Industry, GlaxoSmithKline, SanofiSynthlabo

Wed Oct 07, 2009

Seeking Alpha

Momenta Pharma's M-Enoxaparin: Timing Uncertain, Approval Likely

Momenta Pharma presented at the 2009 UBS Global Life Sciences Conference about two weeks ago and outlined several key developments for t he compa ny, including an update on the FDA status for M-Enoxaparin. In late September, t he compa ny raised net proceeds of approximately $46.7 million through a public offering of 4.6 million shares of common at ...

Comment?

Related Topix: Biotech, Medicine, Teva Pharmaceutical Industries, Multiple Sclerosis, Health

Tue Oct 06, 2009

Fool.com

Doomed Stocks You Should Avoid

The amazing thing about this market is that there are so many cheap stocks. The problem with this market is that there are so many companies that could really blow up on investors.

Comment?

Related Topix: Financial Markets, Biotech, iPhone

Sun Oct 04, 2009

GlobeNewswire

Beacon Equity Issues Technical Trading Overview for Talecris Biotherapeutics Holding Corp.

BeaconEquity.com announces an investment report featuring Talecris Biotherapeutics Holding Corp.

Comment?

Related Topix: Biotech, Medicine, Healthcare Industry, Bristol Myers Squibb, Human Genome Sciences

Fri Oct 02, 2009

Newsday

EU agency recommends licensing Baxter vaccine

The European Medicines Agency recommended that Baxter's Celvapan be granted a marketing authorization in a statement issued on Friday.

Comment?

Related Topix: Medicine, Baxter International, Medical Equipment, Healthcare Industry, H1N1 Influenza / Swine Flu, Health, Influenza, Marketing, Biotech

Thu Oct 01, 2009

Newsday.com

Seasonal flu vaccine delayed for U.S. providers

Walgreen's pharmacy manager, Whitney Workman injects a customer with the seasonal flu vaccine in Columbia, S.C. The drugstore operators began their seasonal flu shots campaigns several weeks early this year.

Comment?

Related Topix: Medicine, Influenza, Health, H1N1 Influenza / Swine Flu, Biotech

JAVA Developer's Journal

Critical Alerts for Oracle, Schlumberger, Aetna, Novartis, and...

Seven Summits Research issues PriceWatch Alerts for ORCL, SLB, AET, NVS, and AMSC.

Comment?

Related Topix: Aetna, Insurance, Oracle, Biotech, Schlumberger, Energy, Oil & Gas, Software, Startups, American Superconductor, Manufacturing, Electronics

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