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Novartis weighs deal for biotech Avidity Biosciences, FT reports

Published by Global Banking and Finance Review

Posted on August 6, 2025

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(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)

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