ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

NVS Novartis AG

98.98
1.25 (1.28%)
Last Updated: 19:36:59
Delayed by 15 minutes
Name Symbol Market Type
Novartis AG NYSE:NVS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  1.25 1.28% 98.98 99.075 98.54 98.60 789,293 19:36:59

Novartis's Zolgensma Gets Conditional EU Approval

19/05/2020 7:19am

Dow Jones News


Novartis (NYSE:NVS)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Novartis Charts.
   By Olivia Bugault 
 

Novartis AG said Tuesday that its Zolgensma gene therapy for patients with spinal muscular atrophy has been conditionally approved in Europe.

The European Commission granted the approval for the treatment to Novartis's subsidiary AveXis, while also specifying the conditions under which it can be used in the E.U.

Zolgensma has been approved for use in patients with certain types of spinal muscular atrophy, the pharmaceutical giant said. "The approval covers babies and young children with SMA up to 21kg according to the approved dosing guidance," it added.

Following the approval, AveXis is now in talks with E.U. member states and reimbursements agencies to agree on final pricing terms that are decided at local level and enable a quick access to the gene therapy.

AveXis has launched a program called "Day One" that proposes different options of access and reimbursement to ministries of health and reimbursement bodies, it said.

Spinal muscular atrophy is a genetic neuromuscular disease that results in the irreversible loss of motor neurons.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

May 19, 2020 02:04 ET (06:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Novartis Chart

1 Year Novartis Chart

1 Month Novartis Chart

1 Month Novartis Chart

Your Recent History

Delayed Upgrade Clock