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Priority Review for Novartis' LCZ696

February 14, 2015 2:03 AM UTC

FDA granted Priority Review to LCZ696 from Novartis AG (NYSE:NVS; SIX:NOVN) to treat heart failure with reduced ejection fraction. Novartis said the PDUFA date will be in August, but did not give a specific date.

LCZ696, a crystalline complex of valsartan and sacubitril in an equimolar ratio, has Fast Track designation from FDA. ...