Archive · 27 Oct 2025

Novartis to Acquire Avidity for $12 Billion

Novartis to Acquire Avidity for $12 Billion

Imagine a big medicine company, Novartis, wants to buy another company, Avidity Biosciences, for a lot of money – $12 billion!

This is like when you trade your toys to buy a bigger, better one.

Avidity makes special medicines to help people with rare muscle problems.

Novartis wants to buy Avidity to get those medicines and make them better.

The deal is expected to finish in the first half of 2026.

This means Novartis will add Avidity's work to its own, hopefully helping many people who have these problems.

Both companies are committed to researching and developing innovative medicines.

This move will allow Novartis to target and treat diseases in a more effective way.

Sources