Novartis And Medicines For Malaria Venture Announced Data From Phase 2/3 CALINA Study, Demonstrating That Formulated Coartem Developed For Babies Weighing Less Than 5Kg With Malaria Has The Required Pharmacokinetic Profile, Good Efficacy, And Safety
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Novartis and Medicines for Malaria Venture announced positive results from the Phase 2/3 CALINA study, showing that their formulated Coartem for babies under 5kg with malaria has the necessary pharmacokinetic profile, efficacy, and safety.
April 24, 2024 | 9:37 am
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Novartis announced positive results from the CALINA study for a new malaria treatment for babies, indicating potential future revenue growth from this product.
The positive outcome of the Phase 2/3 CALINA study for Novartis's formulated Coartem for babies under 5kg with malaria suggests a successful development and potential market entry of a new product. This could lead to increased revenues for Novartis in the pharmaceutical sector, especially in markets with high malaria prevalence. The announcement directly impacts Novartis's stock as it highlights the company's R&D capabilities and potential for future growth in the healthcare sector.
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