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IMS Company Profiles - Report Buyer

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<strong>IMS</strong> COM PANY PRO FILES NOVARTIS<br />

cines with out this ad di tive de signed to in crease ef fi cacy. In Jan u ary 2009 Novartis was awarded a $486<br />

mil lion grant from the US fed eral agency the HHS to fund a new pan demic flu vac cine man u fac tur ing fa cil -<br />

ity. The HHS will pro vide money over eight years to sup port de sign, con struc tion, val i da tion and li cens ing<br />

of the fa cil ity which will make cell-based vac cines. Novartis will pro vide a pre-pan demic sup ply of vac cine<br />

and en sure ca pac ity to man u fac ture 150 million doses within six months of the declaration of a pandemic.<br />

Novartis and Intercell es tab lished an al li ance in July 2007 that broad ens Novartis’ vac cines port fo lio.<br />

Novartis has gained ac cess to over 10 Intercell pro jects in pre clin i cal and early-stage de vel op ment, in -<br />

clud ing vac cines for pre ven tion of hos pi tal-ac quired in fec tions and other life-threat en ing dis eases, in re -<br />

turn for an upfront pay ment and eq uity in vest ment to tal ing $364 mil lion. Novartis will as sume<br />

re spon si bil ity for phase III de vel op ment, man u fac tur ing and com mer cial iza tion for any Intercell projects<br />

chosen after phase II trials.<br />

In 2008 Novartis cre ated a new busi ness unit within Pharmaceuticals, Novartis Mo lec u lar Di ag nos tics, to<br />

lead new ini tia tives in med i cine-re lated di ag nos tics.<br />

© 2009 <strong>IMS</strong> Health In cor po rated or its af fil i ates Page 73

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