Novartis Shows Importance Of Gene Therapy With AveXis Name Change

Swiss Major Renames AveXis As Novartis Gene Therapies

Novartis has completed its absorption of AveXis and rebranded the acquired gene therapy specialist that developed the soon-to-be SMA blockbuster Zolgensma despite struggling to meet the data integrity standards of regulators and big pharma.

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AveXis firmly under the Novartis umbrella • Source: Shutterstock

AveXis, Inc., the developer of the spinal muscular atrophy (SMA) treatment Zolgensma which was bought for $8.7bn a couple of years ago, is being rebranded as Novartis Gene Therapies, demonstrating the growing importance of the Swiss major's pipeline in that space.

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