Home Business Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports

Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports

Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports

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Written By: NewsX Syndication
Published: October 26, 2025 20:55:20 IST

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(Reuters) -Swiss drugmaker Novartis AG is close to acquiring U.S. biotech Avidity Biosciences for over $70 per share, Bloomberg News reported on Sunday, citing a person familiar with the matter. Reuters could not immediately confirm the report. (Reporting by Dheeraj Kumar in Bengaluru; Editing by Aidan Lewis)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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