The European Commission (EC) approval of a combination involving Kisqali (ribociclib) for a large breast cancer indication last month led a senior executive from Swiss pharma giant Novartis (NOVN: VX) to proclaim that it proved the company’s ‘recognized leadership in cancer research’.
In an age when gaining reimbursement is becoming as important as regulatory approval, however, what executives know is the crowning moment for an innovative treatment is the agreement of health authorities to pay for it.
"We’re hearing a lot of excitement from physicians, and we believe the same level of excitement will also come from the health authorities"
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