Novartis' CAR-T CTL019 Back On The Blockbuster Hit List

CEO Joe Jimenez told investors the firm is encouraged about the commercial prospects for CAR-T therapy. Lead drug CTL019 made Novartis' list of blockbusters in development after having been left off last year.

 Leukemia cell (blast cell)

Novartis AG reaffirmed its excitement about the commercial potential of the chimeric antigen receptor T cell (CAR-T) therapy CTL019 during a meet-the-management event at the company's research campus in Cambridge, Mass. May 31.

CEO Joseph Jimenez pointed to the pricing potential in CAR-T as one of the reasons for optimism. Novartis has a...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Strategy

MBX Surges As Phase II Data Show Competitive Profile For Canvuparatide

 
• By 

MBX Biosciences reported Phase II results for once-weekly canvuparatide that showed comparable efficacy to Ascendis Pharma’s once-daily Yorvipath for hypoparathyroidism.

Pfizer Jumps Back Into Obesity With $4.9bn Bid For Metsera

 
• By 

Months after terminating obesity candidate danuglipron, Pfizer is placing a hefty bet on Metsera and what it calls its highly differentiated incretin/amylin analog candidates.

EADV: UCB’s Bimzelx Primed To Maintain Pole Position in HS

 
• By 

The Belgium-based group has collected heaps of long-term efficacy and safety data which will help stave off the competition.

Sanofi’s Pipeline Pressure Continues As Tolebrutinib Trips Near Finish Line

 
• By 

Sanofi’s MS hopeful tolebrutinib hits a regulatory hurdle in the US, renewing pressure on the firm’s pipeline. Analysts hope the delay won’t prove material.

More from Business

Why India Revoked The Entresto Patent And Novartis Abstained From Proceedings

 

India revokes Novartis's patent pertaining to Entresto, upholding the objections of opponents including the Indian Pharmaceutical Alliance on lack of novelty and prior claiming, among others. Novartis decided against participating in the hearings.

Quick Listen: Scrip’s Five Must-Know Things

 
• By 

In this week's episode: GSK announces US investments during Trump’s UK visit; Lilly thinks twice about UK lab investment; analyzing the rise in China R&D and deals; Regeneron CEO on his company’s ignored blockbusters; and AstraZeneca’s COPD trial failure.

Deal Watch: Biogen Acquires Intrathecal Delivery Specialist Alcyone

 
• By 

Plus deals involving Frame Bio/Mercury Bio, Arch Biopartners/Lidpro, Lilly/Remedium, Cadrenal/eXIthera, Vertex/Enlaza and more.