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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.