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Novartis to acquire Excellergy for up to $2B to expand immunology pipeline.
Novartis agreed to acquire privately-held biotechnology company Excellergy for up to $2 billion to expand its immunology pipeline.
The deal focuses on Excellergy's lead drug candidate, an anti-IgE antibody in early clinical trials, aiming to offer improved treatments for food allergies, hives, and asthma.
This acquisition follows recent purchases to strengthen the company's product pipeline ahead of patent expirations.
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Novartis para adquirir Excellergy por hasta $ 2 mil millones para expandir la tubería de inmunología.