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Novartis Confident Cosentyx Can Keep Competition At Bay

Sales Expected To Grow Beyond $5bn

 
• By Kevin Grogan

The Swiss major's biggest seller rose 12% in the second quarter and while COVID-19 had an impact, and competition is on the rise, Cosentyx is still outpacing the market overall in psoriasis, while rheumatology should drive future growth.

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Novartis Not Too Concerned About Competition To Cosentyx • Source: Shutterstock

Reports of the demise of Novartis AG's Cosentyx appear to be greatly exaggerated given that sales of the blockbuster are continuing to rise despite fierce competition and the Swiss major is looking to secure approvals for more indications.

Second-quarter sales of Cosentyx (secukinumab), which is approved for psoriasis, psoriatic arthritis (PsA) and spondyloarthritis (SpA) and is comfortably Novartis's...

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