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Full Breakdown

Novartis’ Pelacarsen Misses Primary Endpoint in Landmark Lp(a)HORIZON Trial

9/7/2026, 8:04:20 PM

Core Event

Novartis announced that its antisense oligonucleotide pelacarsen failed to meet the primary endpoint of the Phase III Lp(a)HORIZON trial. The double-blind, randomised, multi-centre study enrolled 8,323 patients with established cardiovascular disease and lipoprotein(a) [Lp(a)] levels >= 70 mg/dL. The composite endpoint—cardiovascular death, non-fatal myocardial infarction, non-fatal stroke, or urgent coronary revascularisation—did not differ between pelacarsen and placebo, despite marked Lp(a) reductions. The result was disclosed on September 4.

Background & Context

Elevated Lp(a) is a genetically determined risk factor present in roughly one-in-five people worldwide and is linked to coronary artery disease, stroke, peripheral arterial disease, and aortic stenosis. No approved therapies currently lower Lp(a). Pelacarsen, developed by Ionis Pharmaceuticals and licensed to Novartis in 2019, binds LPA messenger RNA, reducing apolipoprotein(a) production. Phase II work showed 72-80 % Lp(a) reductions, raising expectations of cardiovascular benefit.

Data & Statistics

  • Participants: 8,323 patients (>= 70 mg/dL Lp(a); a sub-group >= 90 mg/dL).
  • Intervention: Monthly sub-cutaneous pelacarsen injection versus placebo; all received guideline-directed lipid-lowering and antihypertensive therapy.
  • Outcome: No statistically significant difference in the four-point MACE composite.
  • Biomarker effect: Lp(a) levels were lowered markedly in the pelacarsen arm.
  • Financial impact: Novartis shares fell up to 3.9 % on September 7, the steepest decline in four months; peers Amgen and Eli Lilly also saw price drops.

Official Statements & Responses

Novartis said full results will be presented at an upcoming medical congress and that the data will inform future risk-management strategies.

Conflicting Reports & Gaps

Novartis has not released detailed event rates, effect sizes, or subgroup analyses, leaving uncertainty about any patient subsets that might have benefited. The trial’s duration (? seven years) and the lack of disclosed data mean the Lp(a) reduction needed for clinical benefit remains unresolved.

Verbatim Quotes

  • “These are not the results we had hoped for, but they provide important evidence that enhances the scientific understanding of the relationship between Lp(a) reduction and cardiovascular outcomes and could help guide future approaches to cardiovascular risk management,” — Shreeram Aradhye, Chief Medical Officer, Novartis

What to Watch

  • Data presentation: Detailed results are scheduled for the American Heart Association’s annual scientific meeting in November.
  • Competing programs: Amgen’s siRNA olpasiran (Phase III OCEAN(a)-Outcomes, 7,297 patients) and Eli Lilly’s lepodisiran (Phase III) now face heightened scrutiny.
  • Novartis pipeline: The next major late-stage test is del-desiran, targeting myotonic dystrophy type 1, central to its $12 billion Avidity acquisition.