Bloomberg Law
March 16, 2023, 10:07 PM

Novartis Gets FDA Nod for Tafinlar With Mekinist for Children

Greg Chang
Greg Chang
Bloomberg News

Novartis got FDA approval for Tafinlar (dabrafenib) with Mekinist (trametinib) for pediatric patients 1 year of age and older.

  • Approval covers patients with low-grade glioma with a BRAF V600E mutation who require systemic therapy
  • It’s the first FDA approval of a systemic therapy for the first-line treatment of pediatric patients with LGG with a BRAF V600E mutation


  • Novartis AG rose 2.0% to CHF76.99 as of last close
    • The average 12-month price target of CHF89.55 is 16.3% above the current price
    • 14 buys, 13 holds, 4 sells

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