Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports
ReutersOct 26, 2025 3:06 PM
Oct 26 (Reuters) - Swiss drugmaker Novartis AG NOVN.S is close to acquiring U.S. biotech Avidity Biosciences RNA.O for over $70 per share, Bloomberg News reported on Sunday, citing a person familiar with the matter.
Reuters could not immediately confirm the report.
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