Novartis Discontinues Two Drug Development Programs

Swiss pharmaceutical company Novartis announced Tuesday that it had discontinued the development of two drugs — the hepatitis C treatment Zalbin, and antifungal agent Mycograb. The company will take impairment charges of approximately $590 million in third quarter of 2010.

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Novartis Discontinues Two Drug Development Programs originally appeared on DailyFinance on Tue, 05 Oct 2010 12:04:00.

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