Vas Narasimhan. Getty Images

Failed PhI­II fe­vip­iprant tri­als pour more cold wa­ter on No­var­tis' block­buster R&D en­gine — and briefly spread the chill to a high-pro­file biotech

Back in Ju­ly, dur­ing an in­vestor call where No­var­tis ex­ecs ran through an up­beat as­sess­ment of their Q2 per­for­mance, CEO Vas Narasimhan and de­vel­op­ment chief …

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