First reported by STAT
STAT+: Pharmalittle: We’re reading about a Novartis acquisition, Republicans backing clinical trial diversity, and more
Novartis to pay $1.1B upfront for UK biotech Myricx to expand the pharma's ADC pipeline
From the article
Novartis is pushing deeper into antibody-drug conjugate development, paying $1.1 billion upfront to buy Myricx Bio for a pipeline based on a novel payload.
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