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Arrowhead buys another RNAi business, this time from Novartis, for $35mm

Executive Summary

For the second time, Arrowhead Research Corp. is taking on unwanted RNAi assets from Big Pharma; in this case, Novartis AG divested its RNAi R&D pipeline and related assets. Novartis, which will assign Arrowhead patents and patent applications, announced in April 2014 that it was significantly cutting internal drug discovery activities in the RNAi field.
Deal Industry
  • Biotechnology
    • Antisense, Oligonucleotides
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Earnout
    • Payment Includes Stock
    • Payment Includes Cash
    • Full Acquisition

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