financetom
Business
financetom
/
Business
/
Novartis: launch of Morphosys drug by could be 2027 or later
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novartis: launch of Morphosys drug by could be 2027 or later
Nov 21, 2024 6:12 PM

FRANKFURT, Nov 21 (Reuters) - Novartis' CEO

said on Thursday that the delayed launch of blood-cancer drug

pelabresib from the takeover of Morphosys could be achieved in

2027 or later, but any approval would depend on further safety

data.

"It will take us at least until 2027. It might take longer,

depending on the safety topic. And of course there is the

possibility that the safety topic would not allow us to progress

the medicine at all," CEO Vas Narasimhan said in a media call.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved