Deal Watch: Novartis Opts In On Lipoprotein A Candidate From Akcea

Novartis will take over development and commercialization of antisense candidate TQJ230 under rights it obtained in a 2017 agreement. Morphic and Janssen will collaborate on oral integrin inhibitors.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Strategic Transactions.

Expanding their 2017 option and equity deal, Novartis AG is to take Ionis Pharmaceuticals Inc. spinout Akcea Therapeutics Inc.’s novel antisense cardiovascular product TQJ230 into a Phase III cardiovascular outcomes study after exercising an option to the candidate on Feb. 25

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