Looking to stay ahead of the competition in the fast-moving radiopharmaceutical space, Novartis AG agreed to pay $1bn up front on 2 May to acquire privately held Mariana Oncology, a deal the pharma said will enhance its research capabilities and clinical supply capacity in radioligand therapies (RLTs).
Novartis Looks To Maintain A Lead In Radiopharmaceuticals With Mariana Takeout
The acquisition of Mariana will complement Novartis’s lutetium-based radioligand therapies with candidates using actinium. Lilly, Bristol and AstraZeneca all have made recent high-priced buys in the space.
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