Cosentyx Carries Novartis Sales But Kymriah Manufacturing Gives Cause For Concern

The Swiss major is very happy indeed with the growth trajectory of Cosentyx and Entresto and pleased with how its migraine drug Aimovig has started. However the revelation of manufacturing problems with its CAR-T therapy Kymriah marred Novartis' second-quarter results.

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Cosentyx and Entresto lead sales charge at Novartis • Source: Shutterstock

Any lingering fears that growth of Novartis AG's Cosentyx (secukinumab) for psoriasis, psoriatic arthritis (PsA) and ankylosing spondylitis (AS) may be slowing have been blown out of the water with second-quarter sales of the blockbuster beating consensus estimates by 4% to leap 40% to $701m.

The Swiss major noted that the interleukin-17A inhibitor delivered strong volume growth across all indications in the US ($409m, +33%...

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