Report
Eric Le Berrigaud

NOVARTIS: Fevipiprant will not go beyond phase III in asthma | BUY | CHF107 vs. CHF108 (+17%)

NOVARTIS - BUY | CHF107 vs. CHF108 (+17%)
Fevipiprant will not go beyond phase III in asthma

Pooled analyses of LUSTER do not support further development
Limited impact on forecasts but more significant on sentiment
Is the future of Respiratory within Novartis called in question?
A good piece of news for competitors
Underlying
Novartis AG

Novartis is a multinational healthcare group based in Switzerland. Co. provides healthcare solutions that address the evolving needs of patients and societies worldwide. Co.'s broad portfolio includes innovative medicines, eye care products and cost-saving generic pharmaceuticals. Co.'s operations are organized along three operating divisions: Innovative Medicines Division; Sandoz Division; and Alcon Division. Co.'s operations are supported by the Novartis Institutes for BioMedical Research and Novartis Business Services.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Eric Le Berrigaud

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