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The deal hands over two ADCs with a different mechanism of action targeting cell growth, and marks Novartis’ entry into ADC development.
Published July 6, 2026
Permission granted by Novartis
Novartis, aiming to bolster its oncology portfolio, will acquire the privately held Myricx Bio and gain its pipeline of “differentiated” antibody drug conjugates for up to $1.5 billion.










