Novartis to buy U.S.-based biotech firm Excellergy for up to $2 billion [Yahoo! Finance]
Novartis AG (NVS)
Last novartis ag earnings: 4/28 01:00 am
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Source: Yahoo! Finance
Under the agreement, Novartis said it would pay up to $2 billion in upfront and milestone payments. The transaction is expected to ?close in the ?second half of 2026, subject to customary conditions, including regulatory approvals. The transaction will ?strengthen Novartis' presence in the market of immunology in food allergy, the company said. Excellergy's ?food allergy ?drug candidate, Exl-111, could ?support earlier allergy ?symptom relief, for example. Novartis had also last week announced its acquisition of a breast cancer drug candidate for up to $3 billion from U.S. biotech firm Synnovation Therapeutics. In April last year, Novartis said ?it plans to invest $23 ?billion to build and expand ?its facilities in ?the United States through the following ?half decade. So far the ?company has begun ?construction on R&D and manufacturing sites across four states, including California, and expanded its ?radioligand therapy ?facilities in Indiana and New Jersey. (Reporting by
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NVS
News
- Radioligand Therapy Market Expected to Surge to $10.72 Billion by 2030: Upsurge in Cancer Cases Fuelling Industry Growth at 10% CAGR [Yahoo! Finance]Yahoo! Finance
- Novartis AG (NVS) Announces Final Two-Year Results From Phase III APPLAUSE-IgAN Study [Yahoo! Finance]Yahoo! Finance
- AAVantgarde appoints Philip Lao as Senior Vice President of Business Development [Yahoo! Finance]Yahoo! Finance
- The Vanguard ETF Up About 28% in the Past Year That Almost Nobody Outside of Income Investors Knows [Yahoo! Finance]Yahoo! Finance
- AAVantgarde appoints Philip Lao as Senior Vice President of Business Development [TheStreet.com]TheStreet.com
NVS
Earnings
- 2/4/26 - Beat
NVS
Sec Filings
- 3/18/26 - Form 6-K
- 3/17/26 - Form FWP
- 2/12/26 - Form 144
- NVS's page on the SEC website