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0 0 -8.91742464775362E-05 -8.91742464775362E-05 -0.000713393971820923 0.00169431068307471 0.00160513643659717 0.00231853040841809
Stock impact report

FDA Approves Novartis Drug for Rare Kidney Disease Treatment [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
The regulatory body approved the drug for the treatment of adults with C3 glomerulopathy (C3G) to reduce proteinuria. C3G is a progressive and ultra-rare kidney disease that is typically diagnosed in young adults and often progresses to kidney failure. Per NVS, this is the first and only treatment approved for this condition. Data from the phase III APPEAR-C3G study supported the label expansion of the drug for this C3G indication. Fabhalta is an oral, Factor B inhibitor of the alternative complement pathway. Patients have been relying on supportive care, broad immunosuppression and symptom management so far for C3G. Shares of Novartis have risen 20.3% in the past year against the large cap pharmaceutical industry's decline of 2%. Image Source: Zacks Read more
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