Novartis jumps on ofatumumab MS data
Shares in Swiss pharma giant Novartis (NOVN: VX) were 1.7% higher after two hours of trading on Friday following the company’s presentation of Phase III data on its multiple sclerosis (MS) prospect, ofatumumab.
In both the ASCLEPIOS I and II studies, ofatumumab demonstrated superiority over Sanofi’s (Euronext: SAN) approved therapy Aubagio (teriflunomide) in patients with relapsing MS.
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