Novartis Gets FDA Panel Positive Recommendation For CAR T

Discussion in 'Stocks' started by Stock Trader Lance J, Jul 13, 2017.

  1. An FDA Advisory panel just gave a positive recommendation on Novartis' CAR T treatment for cancer. Novartis reports that 75% of terminally ill cancer patients that received treatment are cancer free.

    This is the most exciting advancement in medicine of our lifetimes.

    The big challenge will be price point. CAR T treatment is personalized medicine and so it's very expensive.

    Novartis chart does not look like a good setup right now IMO. I'd like to see more consolidation and evidence large players are buying before taking an entry.

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