Story perspectives
Novartis Strikes $5.2B Deal for Cardiovascular Drug Development
9/4/2025
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Story summary
- Novartis and China's Argo Biopharmaceutical have entered a $5.2 billion licensing agreement for cardiovascular drugs using siRNA technology.
- The deal includes an upfront payment of $160 million and potential milestone payments.
- Novartis plans to license two candidates targeting severe hypertriglyceridemia and mixed dyslipidemia.
- Cardiovascular diseases resulted in 20.5 million deaths globally in 2021.
