Novartis announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use, or CHMP, has adopted a positive opinion recommending approval of Entresto for a new indication to treat symptomatic chronic heart failure with left ventricular systolic dysfunction in pediatric patients aged from 1 to less than 18 years. David Soergel, M.D., Global Head, Cardiovascular, Renal and Metabolism Development Unit, Novartis, said, "This positive opinion paves the way towards Novartis being able to provide children diagnosed with heart failure due to left ventricular systolic dysfunction in the EU and their families with an effective therapy in an age-appropriate formulation, helping to address what is a major unmet need."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NVS:
- Novartis upgraded to Outperform from Neutral at Oddo BHF
- Bicycle Therapeutics announces strategic collaboration with Novartis
- Novartis price target raised to CHF 104 from CHF 97 at BofA
- Novartis upgraded to Hold at Deutsche Bank after Kisqali’s ‘positive surprise’
- Novartis upgraded to Hold from Sell at Deutsche Bank
