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141 Novartis buys UK biotech Myricx for up to $1.5bn to chase a new cancer-drug class

The Next Web
Ana-Maria Stanciuc @ The Next Web · today 05:45 EDT

Novartis has agreed to buy Myricx Bio, a small British oncology company, for up to $1.5bn, adding an early-stage but potentially significant technology to a cancer pipeline the industry keeps racing to expand. The Swiss group will pay $1.1bn upfront, with up to $400m more tied to milestones, in a deal that fits the pattern […]
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