Novartis says top R&D executives no longer at Avexis unit after test data manipulation

Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early testing of a gene therapy for infants that costs more than $2 million......»»

A Novartis AG unit that developed a breakthrough gene therapy knew about potential manipulation of animal testing data but failed to disclose it to regulators before the treatment was approved, the U.S. Food and Drug Administration said......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Novartis plans to answer a U.S. senator who demanded details about data manipulation related to its gene therapy Zolgensma, amid scrutiny of the Swiss drugmaker's decision to delay informing regulators until after the treatment's approval......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

An unnamed Novartis executive sold 925,400 Swiss francs ($946,000) worth of shares less than three weeks before the U.S. Food and Drug Administration (FDA) announced data from tests of its gene therapy Zolgensma had been manipulated......»»

Nov.....»»

Novartis AG (NYSE: NVS)'s Zolgensma, the first gene therapy approved for pediatric patients with spinal muscular dystrophy Type 1, has caught the FDA's attention due to a disclo read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Share.....»»

FierceBiotechNovartis inks $8.7B AveXis buyout to build gene therapy unitFierceBiotechNovartis has struck an $8.7 billion deal to buy AveXis. The move sees .....»»

As General Electric Co. looks to shed parts of its software unit, smaller competitors see an opportunity to challenge the conglomerate in a business it had hoped to dominate—using data to improve the performance of industrial machines......»»

Just days after Apple unexpectedly announced it would no longer disclose quarterly unit sales data for its iPhones - a move which spooked marke.....»»

After leaving Microsoft, Tom Gibbons started a second career as president of Aviation partners and CEO of its new data driven unit ApiJet......»»

Capital One Financial Corp. (NYSE: COF) lost one-third of its employees in its cybersecurity unit in 2018 which may have culminated in the July 2019 data breach, The Wall Street Journal repo read more.....»»

Incorta, a startup founded by former Oracle executives who want to change the way we process large amounts data, announced a $30 million Series C today led by Sorenson Capital. Other investors p.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Eli Lilly And Co (NYSE: LLY) reported positive data for its plaque psoriasis drug Tuesday in a head-to-head comparison study with Johnson & Johnson (NYSE: JNJ)'s Janssen unit's Tremfya. read more.....»»

Most members of the baby boom generation are still on the job, and they’re working longer than people their age have in more than half a century, new data from Pew Research Center shows. • Though about 10,000 baby boomers a day turn 65 — or 3.8 mi.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»