Novartis to abandon development of asthma drug after trial failures

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Novartis to abandon development of asthma drug after trial failures
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Swiss drugmaker Novartis is abandoning development of its drug fevipiprant in as...

FILE PHOTO: The company's logo is seen at the new cell and gene therapy factory of Swiss drugmaker Novartis in Stein, Switzerland, November 28, 2019. REUTERS/Arnd Wiegmann

ZURICH - Swiss drugmaker Novartis is abandoning development of its drug fevipiprant in asthma after the medicine failed key trials. “The totality of these results do not support further development of fevipiprant in asthma,” the company said on Monday in a statement.

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