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Amgen Is In Novartis' Crosshair

Source: Novartis.

Although there's no telling when the FDA will make a decision on Novartis' Enbrel biosimilar, it probably won't take too long. Novartis' application for Zarxio was accepted in July 2014 and it got its green light in March, a bit less than eight months later. That suggests that the FDA could issue a go/no-go decision for the Enbrel biosimilar around June 2016.

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The article Amgen Is In Novartis' Crosshair originally appeared on Fool.com.

Todd Campbell has no position in any stocks mentioned. Todd owns E.B. Capital Markets, LLC. E.B. Capital's clients may have positions in the companies mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

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