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Novartis’ Phase 3 cholesterol study fails key cardiovascular goal

Novartis said a highly anticipated cholesterol drug failed in a Phase 3 study to reduce the risk of severe cardiovascular outcomes, according to reporting by WSJ.

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By Lizzy Lawrence and Xavier MartinezA highly anticipated cholesterol drug from Novartis failed to reduce the risk of severe cardiovascular outcomes in a Phase 3 study, dealing a blow to the company and others exploring a new approach to prevent cardiovascular disease.The company said that the drug…