Tag Archives: pharmaceutical acquisition

Novartis Advances Precision Medicine Strategy with Agreement to Acquire SNV4818 for HR Positive HER2 Negative Breast Cancer

(IN BRIEF) Novartis has agreed to acquire SNV4818 from Synnovation Therapeutics, a next-generation PI3Kα inhibitor designed to selectively target mutations in HR+/HER2- breast cancer. The therapy, currently in Phase 1/2 clinical trials, aims to improve treatment tolerability by focusing on … Read the full press release

Merck to Acquire SpringWorks Therapeutics, Expanding Leadership in Rare Tumors and Advancing Healthcare Innovation

(IN BRIEF) Merck has entered into a definitive agreement to acquire SpringWorks Therapeutics for approximately $3.9 billion. This acquisition will significantly enhance Merck’s rare tumor portfolio, adding first-in-class therapies for desmoid tumors and NF1-PN. The deal aligns with Merck’s strategy … Read the full press release