Novartis shares fall 10% after three drug trial setbacks
The pharmaceutical company's stock dropped sharply Tuesday following disappointing results from trials including its del-desiran drug.
Novartis shares fell 10% on Tuesday after the company reported setbacks in three drug trials, including disappointing results from its del-desiran program, according to CNBC.
The trial failures prompted investor concern about the company's pipeline and near-term revenue prospects.
Sources
- Pharma major Novartis falls 10% after three drug trial setbacks — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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