Novartis to License Drug From China’s Abogen in Up to $7.8 Billion Deal
Novartis strikes a massive licensing agreement worth up to $7.8 billion with China-based biotech firm Abogen.
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Novartis strikes a massive licensing agreement worth up to $7.8 billion with China-based biotech firm Abogen.
Novartis secures the rights to Abogen’s mRNA T cell engager in a massive $575 million upfront transaction.
Novartis has agreed to a massive new mRNA drug deal with Chinese startup Abogen worth up to $7.8 billion.
Roche's experimental drug sefaxersen meets its primary endpoint in a late-stage study for the autoimmune disease IgAN.
Novartis has expanded its portfolio by licensing a preclinical radioligand asset from BoomRay in a $900M transaction.
Telix's $2.35 billion merger with ITM signals a bold move into radiopharmaceuticals, drawing analyst optimism.
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The failure of heart drug trials from pharmaceutical giants Novartis and Novo Nordisk creates a significant setback for a promising field of medicine.
A major Novartis shareholder is demanding a board overhaul following a series of costly drug trial setbacks and strategic failures.
Novartis is facing significant scrutiny within the biotech sector following a series of dual failures that have impacted investor confidence.
Novartis stock experiences a sharp decline following a Phase 3 failure for a dystrophy drug linked to its $12 billion Avidity acquisition.
Novartis experiences a trial failure with pelacarsen, impacting the Dow and raising questions for competitors like Amgen and Lilly.
A failed Novartis clinical trial for a cholesterol drug has triggered a biopharma selloff and cast doubt on competing efforts by Amgen and Eli Lilly.
Novartis shares experienced their worst single-day drop in over two decades following the failure of a crucial phase 3 trial for an Avidity buyout drug.
Novartis shares drop significantly following multiple trial setbacks and difficult dealmaking in the pharmaceutical sector.
Novartis shares decline after its cholesterol drug pelacarsen failed a critical late-stage cardiovascular trial, impacting expectations for heart disease treatments.
Novartis and Ionis face setbacks as a high-stakes Phase 3 trial for an Lp(a) cardiovascular drug fails to meet its primary goals.
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Novartis has entered a multi-billion dollar agreement to utilize Alteogen's subcutaneous drug delivery technology.
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Novartis shares climb following positive late-stage trial results for its experimental oral multiple sclerosis drug, Rhapsido.
Novartis and Bristol Myers Squibb halt autoimmune CAR-T trials following patient deaths, impacting the sector.
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Novartis and Bristol Myers Squibb halt multiple CAR-T clinical trials for autoimmune diseases following patient deaths and safety reviews.
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Updated 2026 cholesterol guidelines are prompting a renewed focus on statin safety data, dietary roles, and blood pressure management.
The FDA has issued a complete response letter rejecting ITM's radiopharmaceutical therapy ITM-11, a drug positioned to compete with Novartis treatments.
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