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Argo, Novartis sign two deals for CV assets for potentially $4B+

Announcing two licensing deals with Swiss pharma giant Novartis AG, Shanghai-based Argo Biopharmaceutical Co. Ltd. said on Jan. 7 that it stands to gain up to $4.165 billion for two of its cardiovascular assets combined. Marking the “first significant overseas out-licensing transaction in the RNAi field from a Chinese biotech company,” the deal includes an up-front payment of $185 million from Novartis to Argo. ....

Argo Biopharmaceutical Co , Shanghai Based Argo Biopharmaceutical , Novartis Ag , Shanghai Argo Biopharmaceutical Co Ltd , Argo Biopharmaceutical Co Ltd , Metabolic Disease , Advanced Rna Interface Technology , Suzhou Ribo Life Science Co Ltd , Allorion Therapeutics Inc , Medilink Therapeutics Co Ltd ,

Daniel Koller: Three decades of biotech evolution

While 30-years ago biotechnology was a very young industry there is now a broad mix of large companies and smaller providers with candidates. ....

United Kingdom , Eli Lilly , Novo Nordisk , Vertex Pharmaceutical , Gilead Science , Relay Therapeutics , Black Diamond Therapeutics , Paradigm Shift , Bb Biotech ,