Novartis completes Avidity Biosciences acquisition
The deal closed on February 27, 2026. Novartis thanks its team and partners for their support during this significant corporate milestone.
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Biotechnology company developing targeted RNA therapeutics
aviditybiosciences.comLast updated
In short: Avidity Biosciences completed its $12B acquisition by Novartis, which later faced trial setbacks with del-desiran and saw shares slide.
The deal closed on February 27, 2026. Novartis thanks its team and partners for their support during this significant corporate milestone.
The companies join forces to expand RNA therapeutic possibilities for patients.
Titus receives the Biocom California Life Science Catalyst Award for his leadership in integrating AI and data science into drug discovery.
Novartis gains the neuroscience pipeline and RNA platform, while Avidity’s cardiology division spins off into a new public entity.
Avidity Biosciences stock left Nasdaq after Novartis completed its USD 12 billion acquisition on February 27, 2026. The deal offered USD 72.00 per share.
Del-desiran is one of three AOC therapies added to the Novartis neuromuscular pipeline through the acquisition of Avidity Biosciences.
In gene therapy, nucleic acid medicine, and biologics drug discovery, the greatest bottleneck remains the "extrahepatic delivery" technology that safely and efficiently transports therapeutic molecules...
Novartis shares tumbled 12 per cent on Tuesday after the Swiss pharmaceutical group said that a closely watched drug designed ...
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