Novartis AG will soon have a new vaccine on the market in Europe, Bexsero (meningococcal group B) for meningitis B, if the European Commission follows through with approval of the product as expected. The commission’s advisory group, the Committee for Medicinal Products for Human Use (CHMP), issued a positive recommendation in favor of approving the vaccine Nov. 15, paving the way for approval of the product within three months.
Novartis hopes Bexsero will breathe life into its languishing vaccines business. The vaccine could be Novartis’ last chance to prove...