FDA Approves Novartis Pluvicto for mHSPC
Analysis based on 7 articles · First reported Jul 31, 2026 · Last updated Aug 01, 2026
The approval expands Novartis' addressable market for Pluvicto, potentially driving significant revenue growth in the radiopharmaceutical segment. Positive trial data and regulatory expansion are likely to strengthen Novartis' competitive position in oncology, though the stock saw a slight decline on the announcement day.
The U.S. United States — Food and Drug Administration approved Novartis' Pluvicto (lutetium Lu 177 vipivotide tetraxetan) in combination with an androgen receptor pathway inhibitor for patients with PSMA-positive metastatic hormone-sensitive prostate cancer (mHSPC). The approval is based on the Phase III PSMAddition trial, which showed Pluvicto reduced the risk of progression or death by 28% (HR 0.72) when added to standard of care, and by 33% (HR 0.67) in an updated analysis, with a positive overall survival trend (HR 0.80). This approval expands Pluvicto's use across all stages of PSMA-positive metastatic prostate cancer, nearly doubling the eligible patient population. Pluvicto remains the only PSMA-targeted therapy approved across metastatic prostate cancer. Novartis is also investigating its potential in oligometastatic prostate cancer. The approval was announced on July 31, 2026, and Novartis' stock closed down 1.45% on the day.
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