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News   Drug Development

Novartis AG (JOBS) Takes $235 Million Charge After Stopping Trial

August 29, 2008 | 
1 min read

ZURICH (Reuters) - Novartis AG stopped development of its Aurograb treatment for bacterial infections after it showed a lack of efficacy in mid-stage trials, and said it would take a $235 million impairment charge.

Clinical research Phase II Europe
Novartis
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