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Novartis licenses BoomRay radioligand therapy asset for $900M

Deal details highlight Novartis's radioligand therapy expansion strategy

The partnership combines BoomRay's development experience in radioligand therapies with Novartis's global oncology presence. Novartis noted the deal complements its growing radioligand therapy portfolio and reflects its strategy of combining external innovation with internal research capabilities, following its 2024 acquisition of Mariana Oncology for $1 billion upfront.

Deal details highlight Novartis's radioligand therapy expansion strategy
Yahoo Finance

“Radioligand therapies represent an important frontier in oncology, and at Novartis, we remain focused on driving breakthrough science that can expand their potential for patients.”

Shiva Malek

BoomRay Pharmaceuticals Clinical-stage biotech companyNovartis Global pharmaceutical companyBo Shan BoomRay CEOShiva Malek Novartis oncology, biomedical research global head

The whole story articles the bright band is this development · numbered dots are the others · click one to jump

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Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch

  1. first by Yahoo Finance, 20h ago

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