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Novartis pelacarsen misses primary endpoint in Phase 3 study

Novartis said its heart disease drug pelacarsen did not meet the primary endpoint in a Phase 3 study, failing to reduce cardiovascular events versus placebo.

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By Elias SchisgallNovartis said a heart disease drug did not meet its primary endpoint in a Phase 3 study.The company on Friday said that the drug, pelacarsen, did not reduce the risk of cardiovascular events--including deaths, heart attacks, and strokes--compared to a placebo.The drug did succeed…