Pressure For Bexsero: Fate Of Novartis Vaccines Unit Hangs On Success

The EU CHMP’s recommendation in favor of Novartis’ Meningitis B vaccine Bexsero is a positive turn for the company’s vaccines business, but with the division’s sales and profits languishing, some investors are wondering if Novartis should cut its losses and get out of the space.

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...

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