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Stock impact report

Incyte, Novartis launch drug study to treat coronavirus complication [MarketWatch]

Incyte Corporation (INCY) 
Last incyte corporation earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: incyte.com/ir/investor-overview.aspx
Company Research Source: MarketWatch
Incyte Corp. said Friday it and Novartis AG started a late-stage clinical trial to study a drug meant to treat a serious complication of COVID-19. The biotech company said it was testing the drug Jakafi to treat COVID-19 associated cytokine storm, where the immune system overreacts to the viral infection resulting in complications like pneumonia or acute respiratory distress syndrome. Incyte said it will study the application in the U.S., while Novartis will study the drug outside the U.S. The study plans to enroll about 400 patients globally. Show less Read more
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