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Drug Development
Novartis AG (JOBS) Takes $235 Million Charge After Stopping Trial
August 29, 2008
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1 min read
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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.
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Clinical research
Phase 2
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