Novartis pelacarsen Phase 3 Lp(a)HORIZON trial misses cardiovascular endpoint

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Novartis pelacarsen Phase 3 Lp(a)HORIZON trial misses cardiovascular endpoint

clinical_trial_update2026-09-07 07:28:27 UTCimp 0.86NVS -0.95IONS -0.80AMGN +0.25

On September 4, 2026, Novartis reported that its Phase 3 Lp(a)HORIZON study of pelacarsen did not reduce a composite of cardiovascular death, non-fatal myocardial infarction, non-fatal stroke, and urgent coronary revascularization requiring hospitalization versus placebo, so the primary endpoint was not met. Pelacarsen nevertheless substantially lowered lipoprotein(a) levels.

Occurred 2026-09-04 00:00:00 UTCSurprise 0.73Confidence 0.97
Rationale

Direct September 4, 2026 disclosures from Novartis and Ionis report that the Phase 3 Lp(a)HORIZON trial of pelacarsen failed its prespecified composite cardiovascular endpoint versus placebo despite substantially lowering Lp(a). This is new, material, forward-looking clinical information that is likely to reduce expectations for pelacarsen’s development and commercial value; the reported share-price move is excluded under the anti-price-move rule. The announcement date is explicit, but no exact real-world event time is provided, so 00:00 UTC is used as a date-level estimate. NVS and IONS are approved as the direct sponsor/licensor and development partner, while AMGN is approved because its directly competing Phase 3 Lp(a) outcomes program creates a clear competitive and target-validation read-through; less direct competitor and CDMO exposures are excluded.

EventsNovartis-Ionis Pelacarsen Phase 3 Cardiovascular Outcomes Failure
Evidence
Novartis Says Pelacarsen Heart Disease Drug Missed Primary Endpoint
dow_jones2026-09-04 20:42:00 UTCOpen source
Novartis 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 in lowering lipoprotein(a) levels, Novartis said.
Novartis shares down as failed cholesterol drug study increases pipeline pressure
reuters2026-09-07 07:24:41 UTCOpen source
Late on Friday, Novartis said its drug pelacarsen did not cut heart attack and stroke risk in a large, late-stage study of patients with high Lp(a), an inherited, cholesterol-related risk factor with no approved targeted treatments.
Analysts had modeled peak annual sales between $3 billion and $6 billion for pelacarsen.