financetom
Business
financetom
/
Business
/
Novartis Says Cosentyx Fails to Meet Primary Endpoint in Phase 3 Giant Cell Arteritis Study
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novartis Says Cosentyx Fails to Meet Primary Endpoint in Phase 3 Giant Cell Arteritis Study
Jul 3, 2025 1:12 AM

03:56 AM EDT, 07/03/2025 (MT Newswires) -- Novartis AG ( NVS ) said Thursday that a phase 3 study of its drug Cosentyx combined with a 26-week steroid taper in adults with newly diagnosed or relapsing giant cell arteritis did not meet its primary endpoint of statistically significant improvement in sustained remission at 52 weeks compared with placebo plus a 52-week steroid taper.

While secondary outcomes also did not show statistical superiority, they showed "numerically better outcomes" compared to the placebo, the company said.

Novartis ( NVS ) said it will complete a full evaluation of the study data and share the results later.

Giant cell arteritis is a common form of vasculitis that may cause vision loss and life-threatening aneurysms.

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 >
Transatlantic airfares slump as Western Europeans skip US travel over Trump
Transatlantic airfares slump as Western Europeans skip US travel over Trump
Jun 18, 2025
* Summer airfares from Europe to US drop to pre-pandemic levels * Western Europe travel to US declines, Eastern Europe travel rises * Airlines adjust strategies amid changing transatlantic travel demand By Doyinsola Oladipo, Joanna Plucinska NEW YORK/LONDON, June 18 (Reuters) - Transatlantic airfares have dropped to rates last seen before the pandemic, data shows, the latest sign that fewer...
Australia's Macquarie picks up stakes in UK airports
Australia's Macquarie picks up stakes in UK airports
Jun 18, 2025
(Reuters) -Australia's Macquarie Group ( MCQEF ) said on Wednesday that its asset management arm has acquired stakes in Bristol, Birmingham and London City airports from Ontario Teachers' Pension Plan for an undisclosed amount. The investment bank is buying a 55% stake in Bristol airport, 26.5% stake in Birmingham airport and a 25% interest in the London City airport. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
3iQ Launches an XRP Digital Asset ETF
3iQ Launches an XRP Digital Asset ETF
Jun 18, 2025
12:19 PM EDT, 06/18/2025 (MT Newswires) -- 3iQ (XRPQ.TO), a company providing digital asset investment solutions, on Wednesday announced the launch of the 3iQ XRP ETF (XRPQ.TO, XRPQ.U), opening trade on the Toronto Stock Exchange.. According to a company statement, XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved