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New Deal


Announced

Completed

Novartis completed the acquisition of Arctos Medical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Switzerland

Friendly

gene therapy

Acquisition

Private

Biotechnology

Majority

Completed

Domestic

Single Bidder

Synopsis

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Novartis, a Swiss drugmaker company, completed the acquisition of Arctos Medical, a company that specializes in gene therapy. Financial terms were not disclosed. “Optogenetics is emerging as a promising therapeutic approach that might restore sight to patients who are legally blind,” Jay Bradner, Novartis President.

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