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Novartis Doubles Up In Optogenetics With Arctos Buy

Complements Acquisition Of Vedere Last Year

 
• By Kevin Grogan

The Basel-based major has swooped to buy fellow Swiss group Arctos in the belief that optogenetics is a promising therapeutic approach that might restore sight to patients who are legally blind.

Close-up of blue eye. High Technologies in the futuristic. : cataract
• Source: Archive

Almost a year after acquiring optogenetics specialist Vedere Bio, Inc. , Novartis AG has decided to buy another in the shape of Swiss inherited eye disease expert Arctos Medical.

Arctos is a University of Bern spin-off incubated by +ND Capital working with scientific co-founders Sonja Kleinlogel and Michiel van...

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