Novartis to acquire Avidity Biosciences stock for $12 billion

Investing.comTuesday, October 28, 2025 at 8:21:41 AM
Novartis to acquire Avidity Biosciences stock for $12 billion
Novartis has announced its plan to acquire Avidity Biosciences for a staggering $12 billion, marking a significant move in the biotech sector. This acquisition is expected to enhance Novartis's portfolio in innovative therapies, particularly in the field of RNA-targeted treatments. The deal not only reflects Novartis's commitment to advancing healthcare solutions but also highlights the growing importance of biotechnology in addressing complex medical challenges.
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