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Novartis experimental drug for ALS fails, Bloomberg News reports

Novartis experimental drug for ALS fails, Bloomberg News reports 

- Novartis NOVN.S halted development of an experimental drug it hoped would treat amyotrophic lateral sclerosis, or Lou Gehrig's disease, Bloomberg News reported on Wednesday.

The mid-stage trial was discontinued after the medicine failed to show it worked better than a dummy drug in delaying disease progression, Novartis confirmed in an emailed statement to Bloomberg.


(Reporting by Anusha Shah in Bengaluru; Editing by Vijay Kishore)

((AnushaDevang.Shah@thomsonreuters.com;))

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