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Novartis up 1% premarket as Ad Com review underway for CAR-T candidate CTL019

Published 07/12/2017, 09:01 AM
© Reuters.  Novartis up 1% premarket as Ad Com review underway for CAR-T candidate CTL019
  • Novartis (NYSE:NVS) is up 1% premarket on modest volume concurrent with the start of the review of its marketing application seeking approval of CTL019 (tisagenlecleucel-T) by the FDA's Oncologic Drugs Advisory Committee.
  • This is the first Ad Com review of a CAR-T therapy so investors' reaction to the outcome will ripple out to other players.
  • Other CAR-T developers to watch: Kite Pharma (NASDAQ:KITE), Juno Therapeutics (NASDAQ:JUNO), bluebird bio (NASDAQ:BLUE), Bellicum Pharmaceuticals (NASDAQ:BLCM), Cellular Biomedicine (NASDAQ:CBMG).
  • Previously: FDA Ad Com review Wednesday for Novartis' marketing application for CAR-T tisagenlecleucel-T (July 10)
  • Now read: The CTL019 Adcom Mists Begin To Clear


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