iPharmag Integrated Pharma Magazine
Conceptual illustration of an antibody-RNA conjugate near muscle fibers with a downward trend
Business

Novartis Shares Slide After $12B Avidity Drug Fails Its Pivotal Trial

Del-desiran, the lead muscle-disease therapy Novartis bought with Avidity for $12 billion, missed its main goal in myotonic dystrophy — sending the stock to its worst day since 2020.

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