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Novartis Loses Legal Battle Over its Flagship Heart Drug

A U.S. judge ruled that Novartis lacked grounds to suspend the launch of MSN’s generic version of Entresto but ordered a temporary production halt pending Novartis’ appeal. Entresto, Novartis’ top-selling drug with over $6 billion in sales last year, faces patent challenges. De
spite this, Novartis saw Entresto revenue rise 30% in the first half of the year.

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Novartis loses legal battle over Entresto. The Swiss-based pharmaceutical and biotech company has failed to persuade a federal court to stop generic drugmaker MSN Pharmaceuticals from launching its own version of the heart failure drug, Reuters reported.

Specifically, a US court judge ruled that Novartis did not have sufficient grounds to justify suspending the launch of MSN. However, the court ordered the generic manufacturer to temporarily halt its production until Novartis can appeal the ruling.

Entresto is the most important drug in Novartis’ business, with sales of more than $6 billion last year. In 2022, the Swiss group began a fight against all manufacturers seeking to launch generic versions of the drug for infringing a patent that expires in 2026.

Novartis increases Entresto revenue by 30% in the first half of the year

Last July, the U.S. Food and Drug Administration approved MSN’s version of Entresto, making it the first generic drug in the United States. At the time, Novartis said it was “considering all available options to defend its intellectual property.”

Now, the judge also added that Novartis’ argument would cause “irreparable harm” by triggering a wave of Entresto generic launches by other drugmakers.

Novartis closed the first half of the year with a 9% growth, reaching 24.341 billion dollars. In the period between January and June, the group earned 5.934 billion dollars, 34% more than in the same period of the previous year. Entresto’s sales, meanwhile, stood at 3.777 billion dollars, 30% more than in the first half of 2023.

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(Featured image by Marek Studzinski via Unsplash)

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.