International Companies

Novartis shares tumble after second late-stage drug setback

By Benjamin Chiou

Date: Tuesday 08 Sep 2026

(Sharecast News) - Shares in Novartis tanked on Tuesday, with the stock on track for its worst daily performance on record, after disappointing results from a clinical trial of its muscle-wasting disease treatment.
The news adds further pressure to the Swiss pharma giant's pipeline following another clinical setback announced the day...

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