Novartis drug shown to ease symptoms of painful skin condition
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[September 12, 2022]
FRANKFURT (Reuters) - Novartis said its anti-inflammatory drug Cosentyx
eased the symptoms of a painful, lump-forming skin condition in two
late-stage trials, putting the approved treatment on track to further
shore up sales growth at the Swiss drugmaker.
In a statement on Saturday, the company said that the drug, already
approved for conditions like psoriasis and arthritis, demonstrated rapid
and sustained relief in trial participants suffering from hidradenitis
suppurativa.
The company said the painful inflammatory skin disease, for which few
treatments are available, affects about 1% of the population but is
difficult to diagnose.
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Novartis will become more reliant on
drug development as it plans to spin off its generics unit Sandoz,
which makes low-cost copies of treatments that have lost patent
protection.
Alongside heart failure drug Entresto, Cosentyx is among Novartis's
major revenue growth drivers, with the product's sales gaining 9% to
$1.28 billion during the March-to-June quarter.
The Phase III trial results have been submitted to authorities in
Europe and will also be submitted to U.S. regulators this year to
seek approval for the added indication, Novartis said.
Longer-term follow-up trial data would be published next year, it
added.
(Reporting by Ludwig Burger; Editing by Christina Fincher)
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