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Stock impact report

Progress In Fight Against Malaria, As New Treatment Shows Promise [Forbes]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Forbes
The drug is being developed by the pharmaceutical firm Novartis in collaboration with a not-for-profit foundation called the Medicines for Malaria Venture. If approved, GanLum will be considered an important advance against treatment-resistant malaria strains. Malaria is a mosquito-borne disease which carries with it a particularly high disease burden in children in Africa. In the 20th century alone, malaria claimed between 150 and 300 million lives globally. Annually, nearly 600,000 people die from the communicable disease worldwide, more than 500,000 of whom are in Africa. The vast majority of victims are younger than five years old. Since around 2000, one of the major success stories in global public health has been the emergence of improved anti-malarial treatments and vaccines. Coupled with preventive efforts boosting the distribution and use of mosquito nets, pharmaceuticals have helped lower the annual death toll from malaria by around 30%, from around 850,000 to 595,000. Show less Read more
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