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Novartis Stockpiling Priority Review Vouchers

 
• By Derrick Gingery

Firm picks up second PRV with purchase from Ultragenyx, which is expected to use the $130m to help advance its rare disease development pipeline.

Priority Review Voucher

Novartis AG's purchase of a priority review vouchers from rare disease developer Ultragenyx Pharmaceutical Inc. may indicate a strategy to build a stockpile of the coupons in order to race to market against potential competition.

Novartis now has two vouchers in hand after it agreed to pay $130m for Ultragenyx's rare pediatric disease priority review voucher (PRV), which allows the holder to gain an expedited...

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