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Novartis to Acquire Avidity Biosciences in $12B Deal to Bolster RNA Therapeutics Pipeline

Novartis to Acquire Avidity Biosciences in $12B Deal to Bolster RNA Therapeutics Pipeline

Published:
2025-10-27 05:07:02
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BTCCSquare news:

Swiss pharmaceutical titan Novartis AG (NVS) will acquire California-based Avidity Biosciences (RNA) for $12 billion in cash, offering a 46% premium at $72 per share. The deal accelerates Novartis' push into next-generation RNA medicines targeting muscular disorders through Avidity's proprietary antibody-oligonucleotide conjugate (AOC) platform.

Avidity's technology merges antibody precision with RNA's gene-editing potential—a strategic fit for Novartis' oncology and immunology franchises. CEO Vas Narasimhan emphasized the acquisition's role in advancing late-stage muscle disease treatments, with transaction closure expected by mid-2026 following Avidity's planned spin-off of early cardiac programs.

|Square

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