NICE seeks more information on Xolair to treat hives

19 November 2014

UK health costs watchdog the National Institute for Health and Care Excellence (NICE) is calling on Swiss pharma giant Novartis (NOVN: VX) to provide more information on its Xolair (omalizumab), a drug to treat chronic hives.

Hives, also known as urticaria, is a raised, itchy rash that appears on the skin. Usually the rash settles within a few days but for some the rash can persist and last for months or come and go over many years.

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