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0 0.00465618462784262 0.00971725487549766 0.0103252581145827 0.0104595451784872 0.0102571023685809 0.00404885619812399 0.000472366556447758
Stock impact report

Novartis to Acquire Synnovation Therapeutics' Pan-Mutant Selective PI3Ka Inhibitor Program [Yahoo! Finance]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Yahoo! Finance
WILMINGTON, Del., March 20, 2026 BUSINESS WIRE )--Synnovation Therapeutics, LLC ("Synnovation"), a clinical-stage biotechnology company with a diverse pipeline of novel small-molecule targeted therapies in oncology and immunology today announced a definitive agreement for Novartis to acquire Pikavation Therapeutics, Inc. ("Pikavation") and its portfolio of PI3Ka inhibitor programs, including SNV4818. Pikavation is a wholly-owned subsidiary of Synnovation. SNV4818 is a potentially best-in-class pan-mutant selective PI3Ka inhibitor currently in Phase 1/2 clinical trials for the treatment of HR+/HER2- metastatic breast cancer and other solid tumors. "We believe Novartis's global capabilities and commitment to patients with cancer will accelerate the development of SNV4818 for patients with PI3Ka mutation–driven solid tumors beyond what Synnovation could achieve alone," said Wenqing Yao, Ph.D, Chief Executive Officer of Synnovation. "This acquisition reflects the strength of the Synnov Show less Read more
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