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300 million child-friendly antimalarial treatments supplied without profit by Novartis


December 9, 2015 - London

Novartis International AG /300 million child-friendly antimalarial treatments supplied without profit by Novartis . Processed and transmitted by NASDAQ OMX Corporate Solutions.The issuer is solely responsible for the content of this announcement.

  • Coartem® Dispersible*, the first WHO prequalified[1] pediatric antimalarial treatment, has become the standard of care in over 30 malaria-endemic countries
     
  • Since 2009, Novartis has supplied 300 million Coartem® Dispersible treatments without profit, mostly to the public sector, to treat children suffering from malaria
     
  • Together with other innovations, Coartem® Dispersible contributed to reduce the malaria death rate by 71% for children under the age of 5 years[2]

Basel, December 9, 2015 - Novartis announced today that it has reached a delivery milestone of 300 million pediatric antimalarial treatments supplied without profit since 2009, helping to reduce the disease burden for children in more than 30 malaria-endemic countries. Coartem® Dispersible is the first artemisinin-combination therapy (ACT) developed by Novartis in collaboration with Medicines for Malaria Venture (MMV) specifically to meet the needs of children (weighing 5kg and above). Never before have so many pediatric treatments been distributed in such a short timeframe to children suffering from malaria.

Malaria is a preventable and treatable yet life-threatening disease, caused by parasites (primarily Plasmodium falciparum and Plasmodium vivax). These are transmitted to people through the bite of infected mosquitoes. Infants and young children are among those most at risk of contracting malaria, with currently 70% of malaria deaths occurring in children under the age of 5 years[2]. While this number has fallen significantly by 71% since 2000, malaria still kills a child every two minutes[2].

"This milestone underscores our long-standing commitment to the fight against malaria and to the children who are most at risk from the disease," said Joseph Jimenez, CEO of Novartis. "We are proud of the part we have played in helping to reduce childhood deaths from malaria. And we continue to provide medicine at no profit to people who need it, contributing to the goal of a world free from the disease."

Coartem® Dispersible is the pediatric formulation of Coartem®, a combination of Artemether and Lumefantrine (AL) and the standard of care for millions of malaria patients around the world. Coartem® Dispersible was developed by Novartis and Medicines for Malaria Venture (MMV), supporting the UNICEF/WHO call to develop child-friendly medicines. The WHO guidelines for the treatment of Malaria recommend dispersible tablets rather than liquid formulations for children and infants. As a sweet-tasting tablet that dissolves quickly in small amounts of water, Coartem® Dispersible was the first WHO prequalified child-friendly ACT.

"This is a fantastic achievement and we are proud to have partnered with Novartis on the development of Coartem® Dispersible, helping children who are most at risk of this deadly disease," said Dr David Reddy, CEO of MMV. "The WHO World Malaria Report 2015 shows that we are making significant strides in reducing child mortality from malaria, and this is largely thanks to sustained international commitment and the availability of a range of innovative tools and solutions, including quality child-friendly medicines like Coartem® Dispersible. MMV applauds Novartis for making this important drug widely available on a no-profit basis to children in need and achieving this significant milestone."

* For infants and children weighing 5 kg to less than 35 kg and 12 years of age or less, with acute, uncomplicated infections due to Plasmodium falciparum or mixed infections including P. falciparum.

About Coartem® Dispersible
Coartem® Dispersible is used for infants and children weighing 5 kg to less than 35 kg and 12 years of age or less, with acute, uncomplicated infections due to Plasmodium falciparum or mixed infections including P. falciparum.

Sweet tasting and easily dispersed in water, Coartem Dispersible eases administration and enables accurate dosing for children, the most vulnerable group of malaria patients. The medication was approved by Swissmedic in 2008 and has now been approved in over 40 countries.

About the Novartis Malaria Initiative
The Novartis Malaria Initiative is one of the pharmaceutical industry's largest access-to-medicines programs, focused on treatment, access, capacity-building and research & development. Since 2001, the initiative has delivered more than 750 million treatments without profit, mostly to the public sector. Novartis is committed to working towards malaria elimination by researching and developing the next-generation antimalarials, with two new classes of drugs currently in Phase II clinical development. For more information, please visit: www.malaria.novartis.com.

Disclaimer
This press release contains expressed or implied forward-looking statements, including statements that can be identified by terminology such as "commitment," "goal," or similar expressions. Such forward-looking statements reflect the current views of the Group regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such statements. These expectations could be affected by, among other things, risks and factors referred to in the Risk Factors section of Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update it in the future.

About Novartis
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care and cost-saving generic pharmaceuticals. Novartis is the only global company with leading positions in these areas. In 2014, the Group achieved net sales of USD 58.0 billion, while R&D throughout the Group amounted to approximately USD 9.9 billion (USD 9.6 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 120,000 full-time-equivalent associates. Novartis products are available in more than 180 countries around the world. For more information, please visit http://www.novartis.com.

Novartis is on Twitter. Sign up to follow @Novartis at http://twitter.com/novartis.

References
[1.] World Health Organization Prequalification Update - 15 July 2015 - http://apps.who.int/prequal
[2.] World Health Organization, World Malaria Report 2015.

# # #

Novartis Media Relations

Central media line : +41 61 324 2200  
Liz Power
Novartis Global Media Relations
+1 212 830 2466 (direct)
+1 617 583 3015 (mobile)
elizabeth.power@novartis.com
Simona Sappia
Novartis Malaria Initiative Communications
+41 61 324 7184 (direct)
+41 79 797 7647 (mobile)
simona.sappia@novartis.com

e-mail: media.relations@novartis.com

For Novartis multimedia content, please visit www.thenewsmarket.com/Novartis
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Novartis Investor Relations

Central phone: +41 61 324 7944
Samir Shah +41 61 324 7944 North America:
Pierre-Michel Bringer +41 61 324 1065 Richard Pulik +1 212 830 2448
Thomas Hungerbuehler +41 61 324 8425 Sloan Pavsner +1 212 830 2417
Isabella Zinck +41 61 324 7188
e-mail: investor.relations@novartis.com e-mail: investor.relations@novartis.com

Media release (PDF)



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Source: Novartis International AG via Globenewswire

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