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Stock impact report

Sandoz confirms European Commission approval of Pyzchiva® (ustekinumab), further strengthening immunology offering [Yahoo! Finance]

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: Yahoo! Finance
EC approval based on robust development program confirming match to reference medicine in terms of safety, efficacy and quality Sandoz remains committed to accelerating access to potentially life-changing treatments and continues strengthening immunology portfolio Basel, April 22, 2024 – Sandoz, the global leader in generic and biosimilar medicines, today announces that the European Commission (EC) has granted marketing authorization for Pyzchiva ®* (biosimilar ustekinumab), developed and registered by Samsung Bioepis. Pyzchiva ® is a key biosimilar value driver for the company over the mid-term and this approval is a major step in advancing Sandoz growth strategy. Pyzchiva ® is approved as a biologic therapy within gastroenterology, dermatology, and rheumatology. Rebecca Guntern, President Sandoz Europe, said: "Chronic inflammatory diseases affect millions of people around the world and can have a profoundly negative impact on their quality of life. This approval is a crucia Show less Read more
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