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Novartis signs mRNA deal for about $7.8 billion with China's Abogen

Source: reuters.com

Healthcare & BiotechM&A & RestructuringTechnology & Innovation
Novartis signs mRNA deal for about $7.8 billion with China's Abogen

Chinese biotech Abogen signed a licensing agreement with Novartis valued at approximately $7.8 billion to advance RNA-based therapies. The deal provides major validation and potential funding for Abogen's RNA platform while expanding Novartis's access to the technology.

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