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Message: Novartis & Pfizer withdraw drug application in Europe

Bear I'm not sure if you reported on this lately.

https://www.biopharmadive.com/news/novartis-pfizer-withdraw-drug-applications-in-europe/544529/?utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter%20Weekly%20Roundup:%20BioPharma%20Dive%2012-22-2018&utm_term=BioPharma%20Dive%20Weekender  

Novartis pulled back on canakinumab and Pfizer on Fyzoclad.  

"Novartis has encountered difficulty in getting canakinumab, the active ingredient in Ilaris, past regulators for broader indications. In October, U.S. regulators rejected the drug as a treatment for cardiovascular risk reduction. The pharma seems to have had no better luck in Europe."

and

"Meanwhile, Pfizer's reasons for withdrawing were much less clear, with its letter only stating a change in strategy. It did clarify it's reasons were not about the efficacy or safety of the Humira (adalimumab) biosimilar."

 

Koo

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