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Amgen Falls 10 Percent After Novartis Cholesterol Trial Failure

Amgen Falls 10 Percent After Novartis Cholesterol Trial Failure

Amgen shares fell 10% after a series of clinical trial failures at Novartis triggered a class-wide re-evaluation of experimental cardiovascular drugs.

Business ·8 Sep 2026, 17:44 ·Maeve Turner 3 min read
Oil nears 100 dollars a barrel as Middle East attacks disrupt supply

Oil nears 100 dollars a barrel as Middle East attacks disrupt supply

Brent crude surged to $99.2 a barrel amid Middle East supply disruptions, while Novartis shares plummeted following a disappointing late-stage drug trial.

Business ·8 Sep 2026, 11:32 ·Maeve Turner 4 min read