Novartis to buy UK biotech Myricx Bio in $1.5bn deal - Financial Times
Financial Times
F
Financial Times
Original Source
Swiss pharmaceutical giant Novartis has announced the acquisition of UK-based biotech firm Myricx Bio for $1.5 billion. The deal reflects Novartis's strategy to bolster its portfolio of innovative medicines amid intensifying competition in the global pharmaceutical sector.
Subscribe to read
* Sign In * Subscribe
Open side navigation menuOpen search bar
SubscribeSign In
Popular Searches
* What is the latest news on the UK economy? * Western support for Ukraine * How will AI be regulated? * UK inflation vs the world * How will the UK economy fare in 2026?
* Home * World Sections
+ World Home + Middle East war + Global Economy + UK + US + China + Africa + Asia Pacific + Emerging Markets + Europe + War in Ukraine + Americas + Middle East & North Africa Most Read
+ Andy Burnham needs to start by understanding how little he knows + Why OpenAI and Anthropic may struggle to float + Baillie Gifford pursues ‘voluntary exits’ under new strategy + EasyJet reaches outline agreement on £5.5bn takeover by Castlelake + Fifa ‘crossed a red line’ by reversing US star striker’s suspension, Uefa says * US Sections
+ US Home + US Economy + US Companies + US Politics & Policy Most Read
+ Why OpenAI and Anthropic may struggle to float + EasyJet reaches outline agreement on £5.5bn takeover by Castlelake + Fifa ‘crossed a red line’ by reversing US star striker’s suspension, Uefa says + Trump escalates Meloni feud with ‘restraining order needed’ post + Big investors commit billions to private credit despite turmoil * Companies Sections
+ Companies Home + Energy + Financials + Health + Industrials + Media + Professional Services + Retail & Consumer + Tech Sector + Telecoms + Transport Most Read
+ Why OpenAI and Anthropic may struggle to float + Baillie Gifford pursues ‘voluntary exits’ under new strategy + EasyJet reaches outline agreement on £5.5bn takeover by Castlelake + Big investors commit billions to private credit despite turmoil + Son bets the house on AI * Tech Sections
+ Tech Home + Artificial intelligence + Semiconductors + Cyber Security + Social Media Most Read
+ Why OpenAI and Anthropic may struggle to float + Son bets the house on AI + How Bending Spoons built a $23bn tech empire from struggling brands + UK regulator warns of ‘arms race’ to keep up with AI use in financial services + SaaSpocalypse deferred * Markets Sections
+ Markets Home + Alphaville + Markets Data + Private markets + Equities + Bonds + Currencies + Commodities + Crypto + Monetary Policy Radar + Wealth Management + Moral Money + ETF Hub + Asset management Most Read
+ Why OpenAI and Anthropic may struggle to float + Baillie Gifford pursues ‘voluntary exits’ under new strategy + EasyJet reaches outline agreement on £5.5bn takeover by Castlelake + Big investors commit billions to private credit despite turmoil + How Bending Spoons built a $23bn tech empire from struggling brands * Climate * Opinion Sections
+ Opinion Home + Columnists + The FT View + The Big Read + Lex + Obituaries + Letters Most Read
+ Andy Burnham needs to start by understanding how little he knows + Why OpenAI and Anthropic may struggle to float + The reality check of leaving the abstract world of finance + Returning to pre-Trumpian politics won’t save America + What’s that smell in the office? * Lex * Stock Picking Game * Life & Arts Sections
+ Life & Arts Home + Arts + Books + Food & Drink + FT Magazine + House & Home + Style + Puzzles + Travel + FT Globetrotter Most Read
+ Sky agrees £1.6bn ITV deal as UK broadcasters take on streaming rivals + Why wait for The Odyssey? Homer is everywhere in films + Everyone loves apprenticeships. So why can’t Britain create more of them? + Francis Fukuyama: The problem of equality + The Cartier Crash becomes a $2mn watch * How To Spend It
MenuSearch
* Home * World * US * Companies * Tech * Markets * Climate * Opinion * Lex * Stock Picking Game * Life & Arts * How To Spend It
Financial Times
SubscribeSign In
Popular Searches
* What is the latest news on the UK economy? * Western support for Ukraine * How will AI be regulated? * UK inflation vs the world * How will the UK economy fare in 2026?
Novartis to buy UK biotech Myricx Bio in $1.5bn deal
Subscribe to unlock this article
Try unlimited access
Only
$1
for 4 weeks
Then
$75
per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.
Keep reading for $1
* Global news & analysis * Expert opinion * FT App on Android & iOS * First FT: the day’s biggest stories * 20+ curated newsletters * Follow topics & set alerts with myFT * FT Videos & Podcasts * 10 additional monthly gift articles to share * Lex: FT’s flagship investment column * 15+ Premium newsletters from leading experts * FT Digital Edition: our digitised print edition
Explore more offers.
Standard Digital
$45
per month
Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%.
Select
* Global news & analysis * Expert opinion * FT App on Android & iOS * FT Edit: Access on iOS and web * FirstFT: the day's biggest stories * 20+ curated newsletters * Follow topics & set alerts with myFT * FT Videos & Podcasts * 10 monthly gift articles to share
Premium Digital
Complete coverage
$75
per month
Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.
Select
* Global news & analysis * Expert opinion * FT App on Android & iOS * FT Edit: Access on iOS and web * FirstFT: the day's biggest stories * 20+ curated newsletters * Follow topics & set alerts with myFT * FT Videos & Podcasts * 20 monthly gift articles to share * Lex: FT's flagship investment column * 15+ Premium newsletters by leading experts * FT Digital Edition: our digitised print edition
Premium & FT Weekend Print
$79
per month
FT Weekend newspaper delivered Saturday plus complete digital access.
Select
* FT Weekend Print delivery * Plus * Everything in **Premium Digital**
Check whether you already have access via your university
or organisation.
Terms & Conditions apply
Explore our full range of subscriptions.
For individuals
Discover all the plans currently available in your country
DigitalPrintPrint + Digital
For multiple readers
Digital access for organisations. Includes exclusive features and content.
FT Professional
Why the FT?
See why over a million readers pay to read the Financial Times.
Find out why
Useful links
Support
Help CentreContact UsAbout UsAccessibilityCareersSuppliers
Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools
Tools
PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter
* Home * World + Middle East war + Global Economy + UK + US + China + Africa + Asia Pacific + Emerging Markets + Europe + War in Ukraine + Americas + Middle East & North Africa * US + US Economy + US Companies + US Politics & Policy * Companies + Energy + Financials + Health + Industrials + Media + Professional Services + Retail & Consumer + Tech Sec
🔗 Share Article
Tags:#نوفارتس#مايريكس بايو#استحواذ#أدوية#التكنولوجيا الحيوية