Novartis Investors to Focus on Pipeline Update Amid Weak Results -- Market Talk

Dow Jones
Apr 10

1144 GMT - Novartis investors are likely to focus on upcoming updates from the Swiss drugmaker's late-stage drug pipeline, given that the company has already flagged that its results will be weak in the first half, UBS analysts say. Investors will be keen for updates on drug candidates such as remibrutinib for multiple sclerosis, pelacarsen for cardiovascular risk and del-desiran for muscle disease myotonic dystrophy type 1, according to UBS. The company has been dealing with generic competition for heart drug Entresto, leukemia treatment Tasigna, and blood-platelet booster Promacta for a while and the rate of sales erosion is likely to accelerate in the first quarter, UBS says in a research note. Nevertheless, other drugs such as Kisqali for breast cancer and Scemblix for leukemia should deliver solid results, the analysts say. Shares rise 0.6%. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

April 10, 2026 07:45 ET (11:45 GMT)

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