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Posted 18 September 2025 AM
Novartis is on a shopping spree. In its latest splurge, the Swiss giant has signed an agreement with US-based Monte Rosa Therapeutics to develop molecular glue degraders for immune-mediated diseases.
For US$120 million up front and a potential total of US$5.7 billion including milestone payments, options and royalties, Novartis gets an exclusive licence to an undisclosed discovery target, and options to license two programs from Monte Rosa’s growing preclinical immunology portfolio.
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