Novartis to unveil remibrutinib Phase III data at MSToronto2026

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Novartis to present late-breaking Phase III REMODEL-1/-2 data for remibrutinib at MSToronto2026
  • Total of 46 abstracts from the multiple sclerosis portfolio will be showcased at the conference
  • New evidence for Kesimpta in pediatric MS and breastfeeding safety to be presented
  • Investor call scheduled to discuss remibrutinib data and potential market impact
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Novartis will present new data from its multiple sclerosis (MS) portfolio at MSToronto2026, the 10th Joint ACTRIMS-ECTRIMS Meeting. The company plans to highlight late-breaking results from the Phase III REMODEL-1 and REMODEL-2 trials, which evaluate the efficacy and safety of remibrutinib in relapsing MS.

The presentation schedule includes 46 abstracts covering various aspects of MS treatment. A key focus is the oral BTK inhibitor remibrutinib, with a dedicated investor call scheduled to discuss the data and its potential impact on the MS landscape.

Key clinical trial presentations

The company will also present data for Kesimpta (ofatumumab), including results from the Phase III NEOS study in pediatric MS. This study addresses significant unmet needs in pediatric patients, where approved treatment options remain limited. Additional Kesimpta data will cover pregnancy outcomes, breastfeeding safety, and comparisons against first-line therapies in treatment-naive patients.

Abstract Title Presentation Details
Efficacy and Safety of Remibrutinib vs Teriflunomide in Relapsing Multiple Sclerosis: Results of the Phase 3 REMODEL-1/-2 Trials Oral Presentation O139
October 23, 11:25 am ET
Efficacy and Safety of Ofatumumab and Siponimod Versus Fingolimod in Pediatric Multiple Sclerosis: The Innovative Phase 3 NEOS Study Oral Presentation O138
October 23, 11:15 am ET
Ofatumumab Versus Physicians’ Choice of Disease Modifying Therapy in Treatment-Naive People Living With Relapsing Multiple Sclerosis: Final Efficacy Results of The Phase 3b STHENOS Study Poster Session 1 P0390
October 21, 4:30 pm ET
Evaluating Ofatumumab Excretion in Breastmilk of Women Living With Relapsing Multiple Sclerosis: Interim Results of the Phase 4 KATHAROS Study ePoster EP2565

Strategic focus on neuroscience

Nazem Atassi, Global Head of Neuroscience and Gene Therapy Development at Novartis, stated that the data reflects the company's commitment to addressing unmet needs across different stages of life and disease. The portfolio expansion includes work in neuroimmunology, neurodegeneration, and neuromuscular diseases, building on existing leadership in MS and spinal muscular atrophy.

What the numbers show

The breadth of the presentation, featuring 46 abstracts and specific late-breaking slots for both remibrutinib and Kesimpta, indicates a dual-track strategy. Novartis is simultaneously advancing a novel mechanism of action via BTK inhibition while reinforcing the evidence base for its established anti-CD20 therapy across diverse patient populations, including pediatric and pregnant cohorts.

Historical Stock Returns for Novartis

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%-4.53%-13.27%0.0%0.0%0.0%
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the Phase III REMODEL-1 and REMODEL-2 results for remibrutinib influence the competitive landscape against established BTK inhibitors from other major pharmaceutical players?

What regulatory pathways are expected for remibrutinib following these late-breaking results, and how quickly could it reach key markets like the US and EU?

How will the pediatric MS data from the NEOS study impact Novartis's market share in a segment currently dominated by off-label use of adult therapies?

Evonile Pharma board to consider rights issue on October 8

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Evonile Pharma Limited schedules board meeting for October 8, 2026
  • Board to consider rights issue of equity shares with face value ₹5
  • Trading window closed from October 1 to November 5, 2026
  • Fund raising subject to regulatory and statutory approvals
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Evonile Pharma Limited , formerly known as Novartis India Limited, has scheduled a meeting of its Board of Directors for Thursday, October 8, 2026. The primary agenda is to consider raising funds through the issuance of equity shares by way of a rights issue.

The proposed fund-raising involves issuing equity shares with a face value of ₹5 each to eligible equity shareholders. The specific terms and conditions for this rights issue will be determined by the Board, subject to the receipt of all necessary regulatory, statutory, and other applicable approvals. This development follows a prior stock exchange disclosure made on September 30, 2026, regarding the closure of the trading window.

Trading window closure details

In connection with the upcoming financial results, the trading window for dealing in the securities of the company by designated persons, insiders, connected persons, and their immediate relatives has been closed. This closure is effective from October 1, 2026, and will remain in place until 48 hours after the disclosure of the unaudited financial results for the quarter and nine months ended September 30, 2026.

The trading window is expected to reopen on November 5, 2026. Since the Board meeting for the consideration of the rights issue agenda falls within this already closed period, no separate trading window closure has been initiated at this stage.

Key meeting parameters

Parameter Detail
Company Evonile Pharma Limited
Former Name Novartis India Limited
Meeting Date October 8, 2026
Agenda Item Rights Issue
Face Value ₹5 per share
Trading Window Close October 1, 2026
Trading Window Open November 5, 2026

The company stated that the information regarding the board meeting and the trading window status will also be available on its official website. The filing was signed by Chandni Maru, Company Secretary and Compliance Officer, on October 5, 2026.

Historical Stock Returns for Novartis

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%-4.53%-13.27%0.0%0.0%0.0%

What specific strategic initiatives or capital expenditure projects will the funds raised from the rights issue support?

How might the dilution of equity ownership impact existing shareholders' voting power and earnings per share?

What regulatory approvals are still pending, and could delays in securing them affect the timeline for the rights issue?

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