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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. ....

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Shanghai Argo Announces Multi-Program RNAi Licenses and Strategic Collaborations with Novartis

- Argo will receive upfront payments of $185 million from Novartis and is eligible to receive potential option and milestone payments as well as tiered. ....

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Shanghai Argo Biopharmaceutical Co., Ltd.: Shanghai Argo Announces Multi-Program RNAi Licenses and Strategic Collaborations with Novartis

Shanghai Argo Biopharmaceutical Co., Ltd.: Shanghai Argo Announces Multi-Program RNAi Licenses and Strategic Collaborations with Novartis
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