Vas Narasimhan, Novartis CEO (Jason Alden/Bloomberg via Getty Images)

Some­times you win. Some­times you lose. And some­times it's just an­oth­er PhI­II canakinum­ab fail

At this stage of the game, No­var­tis CEO Vas Narasimhan may be wish­ing he’d nev­er even heard of canakinum­ab.

Af­ter steer­ing the drug straight to …

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