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flag Novartis to acquire Excellergy for up to $2B to expand immunology pipeline.

flag Novartis agreed to acquire privately-held biotechnology company Excellergy for up to $2 billion to expand its immunology pipeline. flag 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. flag This acquisition follows recent purchases to strengthen the company's product pipeline ahead of patent expirations.

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