This page aggregates NVS's FDA catalysts from pdufa.bio's own calendar and decision archive. Each item links to its source page. Facts and dates only; verify against primary FDA / SEC / company filings.
Computed from this stock's own daily closing prices, on the same T-120 basis as the run-up study: the baseline is the close 120 trading sessions before the eve of the decision. These are measurements of what already happened, not predictions.
| Decision | Outcome | T-120 to eve | T-120 to peak |
|---|---|---|---|
| 2026-03-13 | APPROVAL | +26.1% | +37.9% |
| 2025-11-24 | APPROVAL | +9.8% | +14.2% |
| 2025-09-30 | APPROVAL | +20.6% | +26.1% |
| 2025-06-18 | APPROVAL | +19.9% | +24.4% |
| 2025-04-03 | APPROVAL | -2.6% | +3.0% |
| 2025-03-28 | APPROVAL | -2.7% | +2.4% |
| 2025-03-20 | APPROVAL | -4.2% | +0.7% |
| 2025-01-29 | APPROVAL | -7.3% | +10.1% |
| 2024-10-29 | APPROVAL | +16.7% | +22.0% |
| 2024-10-10 | APPROVAL | +24.9% | +30.6% |
| 2024-09-17 | APPROVAL | +22.2% | +26.3% |
| 2024-09-11 | APPROVAL | +21.5% | +25.5% |
April 2027. The next catalyst for Novartis AG is Iptacopan (readout). That date is known to the month only. One further catalyst is scheduled after it. Dates are taken from FDA notices, company filings or ClinicalTrials.gov, and we do not publish a specific day when the source only gives a month or a quarter.
Yes, 8 in our archive: 8 approval(s) and 0 Complete Response Letter(s). The most recent was on March 13, 2026 and was an approval. Each one has its own page with the source document and the share-price reaction we measured.
Measured from this company's own daily closing prices: Median across these 31 decisions: +3.6% from T-120 to the eve, +10.1% to the peak. These are historical measurements of what already happened, not forecasts, and we publish no price targets or probability of approval.
FDA publications, company filings with the SEC, company press releases and ClinicalTrials.gov, with share prices measured from daily closing data. Every date and outcome links the document it came from. Where an outcome was inferred from the price reaction rather than read from a filing, the page says so on its face.