After safety concerns, Novartis launches external review of Beovu
With stocks reeling over safety concerns for blindness medicine Beovu (brolucizumab), Swiss pharma giant Novartis (NOV: NX) has begun an external review into the product.
Shares have fallen an astonishing 9% since the American Society of Retinal Specialists (ASRS) issued a communication to its members that could alter the risk/benefit profile for the macular degeneration drug.
Intended as a replacement for aging blockbuster Lucentis (ranibizumab), Novartis won approval from the US Food and Drug Administration in October 2019 and in Europe in February 2020.
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