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Novartis to buy Avidity for $12B, boosting its rare disease and RNA therapy programs.
Novartis AG has agreed to acquire Avidity Biosciences in a $12 billion cash deal, with Avidity shareholders receiving $72 per share, a 46% premium over its recent closing price.
The acquisition, pending regulatory approval and the spin-off of Avidity’s cardiology programs into a new company called SpinCo, will expand Novartis’s rare disease pipeline, including late-stage programs for Duchenne, myotonic, and facioscapulohumeral muscular dystrophies.
The deal includes Avidity’s Antibody Oligonucleotide Conjugate platform, which enables targeted RNA therapies.
Closing is expected in early 2026.
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Novartis comprará Avidity por $ 12B, impulsando sus programas de enfermedades raras y terapia de ARN.