Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Novartis new MS drug Mayzent to be priced at $88,000 per year

Logo of Swiss drugmaker Novartis is seen at its branch in Schweizerhalle near Basel, Switzerland, March 29, 2018. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - Novartis will price its new Mayzent multiple sclerosis drug at $88,000 dollars per year, the Swiss company's head of pharmaceuticals, Paul Hudson, said.

Novartis said on Tuesday it had won U.S. Food and Drug Administration approval for Mayzent, as the company seeks to tap a new group of patients in whom the neurological disease has shifted from intermittent attacks to a gradually worsening progression.

(Reporting by John Revill, editing by Louise Heavens)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.