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Arrowhead gets $35m bargain for Novartis RNAi assets with Alnylam targets

 
• By Mandy Jackson

Arrowhead Research president and CEO Christopher Anzalone courted Novartis for more than a year before the Pasadena, California-based biotechnology company signed an agreement to buy the Novartis's RNA interference (RNAi) portfolio, but he doesn't expect the $35m acquisition to immediately yield new clinical programs.

Arrowhead Research president and CEO Christopher Anzalone courted Novartis for more than a year before the Pasadena, California-based biotechnology company signed an agreement to buy the Novartis's RNA interference (RNAi) portfolio, but he doesn't expect the $35m acquisition to immediately yield new clinical programs.

In fact, Dr Anzalone is the first to admit that the transaction, in which Arrowhead will pay $10m in cash...

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• By Kevin Grogan

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• By Anju Ghangurde

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