Novartis weighs deal for biotech Avidity Biosciences, FT reports
Published by Global Banking & Finance Review®
Posted on August 6, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking & Finance Review®
Posted on August 6, 2025
1 min readLast updated: January 22, 2026
Novartis is reportedly considering a takeover of Avidity Biosciences, according to sources familiar with the matter, as reported by the Financial Times.
(Corrects typo in paragraph 1)
(Reuters) -Swiss drugmaker Novartis has approached U.S. biotech Avidity Biosciences for a potential takeover offer, the Financial Times reported, citing people familiar with the matter
(Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Arun Koyyur)
Novartis is considering acquiring U.S. biotech Avidity Biosciences.
The Financial Times reported on Novartis's potential acquisition of Avidity Biosciences.
The news was reported by Padmanabhan Ananthan in Bengaluru.
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