Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Novartis' Meningococcal Group B Vaccine Bexsero Gets EU Approval - Update

RELATED NEWS
Trade NVS now with 

Swiss drugmaker Novartis AG (NVS: Quote) on Tuesday announced that the European Commission has approved Meningococcal Group B or MenB Vaccine Bexsero for use in individuals from 2 months of age and older.

Bexsero is the first vaccine to prevent the leading cause of life-threatening meningitis across Europe. The drug is indicated to help protect all age groups against MenB disease, including infants who are the most vulnerable. Novartis said it is working with health authorities to provide access to Bexsero as soon as possible.

According to the company, MenB disease, a bacterial infection, is the leading cause of meningitis across Europe, particularly in infants. The disease is rare, but affects healthy people without warning, and could turn fatal or leave patients with severe disabilities. Its symptoms can be easily misdiagnosed in its early stages as it often resemble the flu. Prevention through vaccination is therefore the best defense against this aggressive disease, the company added.

Bexsero, the result of Novartis' pioneering vaccine research, offers several immunization schedule options that could fit with routine vaccination visits, starting at two months of age.

Meningitis UK Founder Steve Dayman MBE said, "This meningitis B vaccine is the most important medical breakthrough in the 30 years since I lost my son to the disease. It could save thousands of lives and prevent other parents suffering the same tragedy. The vaccine must be made widely available through the immunisation schedule as soon as possible - any delay could mean lives lost."

Following today's approval, EU member states will evaluate Bexsero for potential inclusion into national immunization programs and, where relevant, reimbursement schemes.

Novartis said it is already engaging with governments interested in the early adoption of the vaccine.

Novartis, with its Bexsero and Menveo drugs, helps to protect against all five main serogroups of meningococcal bacteria that cause the majority of cases around the world.

In Zurich, Novartis shares are currently trading at 60.80 Swiss francs, down 0.10 francs or 0.16 percent.

Register
To receive FREE breaking news email alerts for Novartis AG and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks turned in another strong performance during trading on Tuesday, extending the upward trend seen over the past several sessions. The gains on the day once again lifted the tech-heavy Nasdaq to a new fourteen-year closing high. President Barack Obama revealed Monday that he is dispatching Attorney General Eric Holder to Ferguson, Missouri, amid ongoing violence in the St. Louis suburb. Obama said Holder will travel to Ferguson on Wednesday to meet with the FBI agents and Justice Department personnel conducting an investigation of the shooting death of Michael Brown. The job of humanitarians has become more dangerous than ever, and last year was the most dangerous on record for humanitarian workers, according to a report published on Tuesday, marking World Humanitarian Day. The year 2013 set a new record for violence against civilian aid operations, with 460 aid workers assaulted in 251 incidents. More than one third or 155 of the victims were killed, 171 we
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.