Novartis's Entresto Doesn't Impress In 1Q; Orphan Drug Fails In PhIII

Novartis AG's newly launched heart failure drug Entresto (valsartan/sacubitril), which has been dubbed the company's next blockbuster product, missed the mark in the first quarter of the year, posting sales more than $10m below analyst forecasts.

Novartis AG's newly launched heart failure drug Entresto (valsartan/sacubitril), which has been dubbed the company's next blockbuster product, missed the mark in the first quarter of the year, posting sales more than $10m below analyst forecasts.

In its 1Q 2016 earnings report Novartis, for the first time, gave a sales projection figure for Entresto for this...

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