Novartis spotlights its top 4 blockbuster late-stage pipeline projects
Over the past year the R&D group at Novartis $NVS has developed one of the most muscular late-stage pipeline strategies in Big Pharma. They kept their lead in CAR-T and drove home the first approval in the field, and they have 4 Phase III efforts underway which they are showcasing during today’s R&D day in London.
The spotlight illustrates where this pharma giant — one of the top three among the global R&D players with a budget of about $9 billion — plans to invest the greatest energy in winning new approvals. And while a whole long slate of rivals are either struggling to demonstrate that they are on to new drugs of real importance or find some way to inspire innovation, Novartis development chief Vas Narasimhan is underscoring with this list why he was selected to take the CEO’s job.
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