BUZZ-India's Divi's Labs slides on risk of generic versions of top drug ** Shares of Divi's Laboratories DIVI.NS fall 4.2% to 4,656 rupees, the most on the Nifty 50 .NSEI ** Novartis NOVN.S loses initial bid to block generic versions of its top-selling heart drug Entresto, for which Divi's supplies pharma ingredients, or APIs ** Entresto is among l

Swiss stocks - Factors to watch on August 13 ZURICH/GDANSK, Aug 13 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: COMPANY STATEMENTS SCHINDLER HOLDING AG SCHP.S Wins Avenues - Riyadh project in Saudi Arabia. TECAN GROUP TECN.S Reports HY adjusted EBITDA of 67.9 million Swiss francs. NOVARTIS NOVN.S Lost initial bid to block generic of best-selling heart drug.

UPDATE 1-Novartis loses initial bid to block generic of best-selling heart drug Adds response from Novartis in paragraph 4 By Blake Brittain Aug 12 (Reuters) - Novartis NOVN.S failed to convince a federal court to block generic drugmaker MSN Pharmaceuticals from launching its own version of Novartis' blockbuster heart-failure drug Entresto, according to a court decision issued on Monday.

Novartis loses initial bid to block generic of best-selling heart drug By Blake Brittain Aug 12 (Reuters) - Novartis NOVN.S failed to convince a Delaware federal court to block generic drugmaker MSN Pharmaceuticals from launching its own version of Novartis' blockbuster heart-failure drug Entresto, according to a court decision issued on Monday. U.S.

Swiss stocks - Factors to watch on August 8 ZURICH/GDANSK, Aug 8(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: NOVARTIS NOVN.S Novartis Says Receives FDA Accelerated Approval For Fabhalta. ZURICH INSURANCE GROUP AG ZURN.S Zurich Insurance posted a better than expected rise in first-half business operating profit to $4.0 billion due to an ongoing robust performance in P&C, a record BOP in the Life business and excellent growth at Farmers, it said on Thursd

BRIEF-Novartis Says Receives FDA Accelerated Approval For Fabhalta Aug 7 (Reuters) - Novartis AG NOVN.S : NOVARTIS RECEIVES FDA ACCELERATED APPROVAL FOR FABHALTA® (IPTACOPAN), THE FIRST AND ONLY COMPLEMENT INHIBITOR FOR THE REDUCTION OF PROTEINURIA IN PRIMARY IGA NEPHROPATHY (IGAN) NOVARTIS AG - FABHALTA ACHIEVES 44% PROTEINURIA REDUCTION IN PHASE

UPDATE 2-US FDA approves Novartis' kidney disease drug Adds background in paragraphs 6 to 10 By Sriparna Roy Aug 7 (Reuters) - The U.S. Food and Drug Administration has approved the use of Novartis' NOVN.S drug to reduce excess protein in the urine of patients with a type of kidney disease, the health regulator's website showed on Wednesday. The drug, Fabhalta, is already approved to treat adults with paroxysmal nocturnal hemoglobinuria, a rare blood disorder.

US FDA approves Novartis' kidney disease drug Aug 7 (Reuters) - The U.S. Food and Drug Administration has approved the use of Novartis' NOVN.S drug to treat patients with a type of kidney disease, the health regulator's website showed on Wednesday. Reporting by Sriparna Roy in Bengaluru; Editing by Shilpi Majumdar

Swiss stocks - Factors to watch on August 6 ZURICH/GDANSK, Aug 6(Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: NOVARTIS NOVN.S Novartis and Viatris VTRS.O were hit with a federal lawsuit in Maryland on Monday by the family of a woman whose tissue cells were taken from her body in the 1950s and used to fuel medical research and development.

UPDATE 1-Novartis, Viatris face new lawsuit over 'HeLa' cell misuse claims Adds response from Novartis in paragraph 3 By Blake Brittain Aug 5 (Reuters) - Novartis NOVN.S and Viatris VTRS.O were hit with a federal lawsuit in Maryland on Monday by the family of a woman whose tissue cells were taken from her body in the 1950s and used to fuel medical research and development.

Novartis, Viatris face new lawsuit over 'HeLa' cell misuse claims By Blake Brittain Aug 5 (Reuters) - Novartis NOVN.S and Viatris VTRS.O were hit with a federal lawsuit in Maryland on Monday by the family of a woman whose tissue cells were taken from her body in the 1950s and used to fuel medical research and development. The estate of Henrietta Lacks accused Novartis and Viatris of unlawfully profiting from the use of the "HeLa" cells to create drugs that have been "integral to their market pre

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis

UPDATE 3-US FDA approves Adaptimmune's therapy for rare type of cancer Adds expert comment in paragraph 7, sales estimate in paragraph 10 By Mariam Sunny Aug 2 (Reuters) - The U.S. Food and Drug Administration said on Friday it has approved Adaptimmune's ADAP.O first-of-its-kind treatment for a rare type of cancer in the soft tissues that most often affects young people.

UPDATE 2-Biogen lifts profit forecast, signals progress in turnaround effort Adds CEO comment in paragraph 3 and analyst comment in paragraph 11 By Manas Mishra and Mariam Sunny Aug 1 (Reuters) - Biogen BIIB.O lifted its full-year profit forecast on Thursday due to cost cuts and better-than-expected sales of its various treatments, even as the U.S.

Biogen lifts 2024 profit forecast on hopes of new product launches Aug 1 (Reuters) - Biogen BIIB.O lifted its full-year earnings forecast on Thursday, as the launch of new treatments such as rare disease drug Skyclarys is expected to make up for a market-share loss of its older multiple sclerosis medicines. The drugmaker has cut jobs, bolstered its pipeline for rare disease medicines through takeover deals and unveiled new products, such as Alzheimer's disease drug Leqembi as part of its plan to

Incyte raises lower end of 2024 sales forecast for blood disorder drug Jakafi July 30 (Reuters) - Incyte Corp INCY.O on Tuesday raised the lower end of the annual sales forecast range for its blood disorder drug Jakafi, on the back of strong demand for the treatment, and also reported better-than-expected quarterly revenue of a newer drug. Shares of the company rose 3.4% before the bell.

Pharma companies less concerned after hearing from US on negotiated prices for Medicare By Patrick Wingrove and Michael Erman July 29 (Reuters) - Four pharmaceutical companies involved in the first U.S. negotiations over prices for the Medicare program said they do not expect a significant impact on their businesses after seeing confidential suggested prices from the government for their drugs that will take effect in 2026. Top executives from Bristol Myers Squibb BMY.N , Johnson & Johnson JNJ.N

US court finds ‘robust’ anti-fraud safeguards in Novartis settlement By Mike Scarcella July 26 (Reuters) - After thousands of improper claims were detected in a $30 million settlement with Novartis, a U.S. judge in Manhattan charged with reviewing the process said there were “robust” safeguards in place to ward off fraudulent distributions.

Health Rounds: Researchers discover key to the placebo effect in the brain Health Rounds is published on Tuesdays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here . By Nancy Lapid July 25 (Reuters) - Hello Health Rounds Readers! Today we highlight three early experimental findings: a fascinating discovery that may help explain the placebo effect, which causes people to respond to fake drugs, and two discoveries that

BRIEF-Dren Bio To Collaborate With Novartis To Develop Novel Targeted Myeloid Engagers For Cancer July 24 (Reuters) - Novartis AG NOVN.S : DREN BIO ANNOUNCES STRATEGIC COLLABORATION WITH NOVARTIS TO DEVELOP NOVEL TARGETED MYELOID ENGAGERS FOR CANCER DREN BIO, INC. : ELIGIBLE TO RECEIVE UP TO $2.85 BILLION IN ADDITIONAL CASH PAYMENTS DREN BIO : TO G