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Novartis (NOVN SW) remibrutinib delivered comprehensive disease control in a Phase 3 RMS trial

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The report says remibrutinib met its primary endpoint, but relapse-rate reductions were below expectations, disability progression was not significantly slowed, and Novartis shares fell as much as 4.5%.

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The experimental multiple sclerosis pill met its primary endpoint but fell short of analyst expectations, Bloomberg said Relapse rates fell 35% and 31% (exp. 50%), versus 51% and 59% for Roche’s (ROG SW) rival treatment The drug also failed to significantly slow disability progression. Novartis shares fell as much as 4.5%.

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