European lift for Cosentyx

3 August 2020

A broader label for Cosentyx (secukinumab) has been given the nod by the European medicines regulator, boosting Basel-based pharma giant Novartis (NOVN: VX).

The European Medicines Agency approved a submission to market the product for moderate-to-severe plaque psoriasis in children and adolescents.

Shares in the company were up 0.8% in morning trading in Zurich, and a similar amount ahead of the opening bell in New York.

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