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Novartis Announces Breakthrough Anti-Malaria Drug, Stock Rises

Novartis Announces Breakthrough Anti-Malaria Drug, Stock Rises

Author:

Global Cryptocurrency

Published:

2025-11-13 12:02:02

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BTCCSquare news:

Novartis (NVS) shares gained traction following the announcement of a groundbreaking anti-malaria drug, GanLum. The treatment, with a 97.4% cure rate in Phase III trials, targets drug-resistant strains and could become the first major advancement in malaria therapy since 1999.

The Swiss pharma giant plans expedited regulatory approvals for the granule-based treatment, which demonstrated rapid action against parasite transmission stages. "This represents the most significant potential leap in malaria treatment in decades," said Dr. Abdoulaye Djimdé, highlighting its efficacy against mutant strains.

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