Stalicla Seals Deal To Advance Novartis Drug For Cocaine Misuse
Seeking The Right Indication For Mavoglurant
The biotech has persuaded its fellow Swiss firm that it can advance mavoglurant, a Novartis drug that has failed in Parkinson’s and Fragile X syndrome, for cocaine use and neurodevelopmental disorders.
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As the usual flurry of deals coincides with the J.P. Morgan Healthcare Conference, AbbVie signed an mRNA pact with Anima and a cancer research tie-up with Immunome.
Novartis has terminated development of three mid- to late-stage pipeline projects, Scrip discovered after comparing the company's 1Q 2014 and 4Q 2013 results. The dropped products include secukinumab in its uveitis indication, a Phase IIb/III product to treat fragile X syndrome, and a Phase II drug to treat Clostridium difficile infection.
Novartis has discontinued development of the investigative compound AFQ056 to treat the jerky motions and tics that are a side-effect of treatment with levodopa in patients with Parkinson's disease. The firm had been planning to file its first regulatory approval submissions in this indication in 2015. However, the product failed to show efficacy in Parkinson's disease levodopa-induced dyskinesia (PD-LID) in recent Phase II studies.