Announced
Completed
Financials
Sources
Tags
Switzerland
Friendly
gene therapy
Acquisition
Private
Biotechnology
Majority
Completed
Domestic
Single Bidder
Synopsis
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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