Geneva, Oct 26, 2025 (AFP) - Novartis acquiring US firm Avidity Biosciences for $12 bn

NAMPA / AFP
2025-10-26
Swiss pharmaceutical giant Novartis announced Sunday it had agreed to buy Avidity Biosciences, with the San Diego-based biopharmaceutical company being valued at $12 billion. "The proposed acquisition is expected to create an industry-leading pipeline, building on the Novartis expertise in spinal muscular atrophy and commercialisation capabilities in genetic neuromuscular diseases," Novartis said in a statement. The deal is expected to close in t......
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NCAMAGORO, 25 October 2025 - Farmers had the opportunity to sell their products during the commemoration of World Food Day at Ncamagoro village on Saturday. (Photo by: Lylie Joel) NAMPA

NCAMAGORO, 25 October 2025 - Farmers had the opportunity to sell their products during the commemoration of World Food Day at Ncamagoro village on Saturday. (Photo by: Lylie Joel) NAMPA

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NCAMAGORO, 25 October 2025 - The commemoration of World Food Day at Ncamagoro village on Saturday included the donation of food items and gardening implements to small-scale farmers and vulnerable households. (Photo by: Lylie Joel) NAMPA

NCAMAGORO, 25 October 2025 - The commemoration of World Food Day at Ncamagoro village on Saturday included the donation of food items and gardening implements to small-scale farmers and vulnerable households. (Photo by: Lylie Joel) NAMPA

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NCAMAGORO, 25 October 2025 - The commemoration of World Food Day at Ncamagoro village on Saturday included the donation of food items and gardening implements to small-scale farmers and vulnerable households. (Photo by: Lylie Joel) NAMPA

NCAMAGORO, 25 October 2025 - The commemoration of World Food Day at Ncamagoro village on Saturday included the donation of food items and gardening implements to small-scale farmers and vulnerable households. (Photo by: Lylie Joel) NAMPA

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WINDHOEK, 25 October 2025 - Author, social work student and mental health advocate, Al Bright Shighwedha, speaks during a mental health awareness event in Windhoek on Saturday. (Photo: Edward Tenete) NAMPA

WINDHOEK, 25 October 2025 - Author, social work student and mental health advocate, Al Bright Shighwedha, speaks during a mental health awareness event in Windhoek on Saturday. (Photo: Edward Tenete) NAMPA

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OKANGHUDI, 24 October 2025 - Oshikoto Governor Sacky Kathindi pictured with former President Hifikepunye Pohamba at Okanghudi in the Ohangwena Region. (Photo by: Max Henrich) NAMPA

OKANGHUDI, 24 October 2025 - Oshikoto Governor Sacky Kathindi pictured with former President Hifikepunye Pohamba at Okanghudi in the Ohangwena Region. (Photo by: Max Henrich) NAMPA

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WINDHOEK, 25 October 2025 - The Namibia-Cuba Friendship Association (NAMCUFA) on Saturday held a demonstration to coincide with the 33rd United Nations General Assembly vote on the resolution calling for the lifting of the United States (US) embargo on Cuba. (Photo: Edward Tenete) NAMPA

WINDHOEK, 25 October 2025 - The Namibia-Cuba Friendship Association (NAMCUFA) on Saturday held a demonstration to coincide with the 33rd United Nations General Assembly vote on the resolution calling for the lifting of the United States (US) embargo on Cuba. (Photo: Edward Tenete) NAMPA

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NKURENKURU, 25 October 2025 - The Nkurenkuru Private Hospital held its first-ever cancer awareness campaign on Friday under the theme "Every story is unique, every journey matters." Dr Linda Nangombe, a specialist obstetrician and gynaecologist with expertise in infertility medicine and gynaecological cancers, emphasised the importance of early detection for breast, cervical, and prostate cancers affecting the region during the event. (Photo by: Lylie Joel) NAMPA

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NKURENKURU, 25 October 2025- The Nkurenkuru Private Hospital held its first-ever cancer awareness campaign on Friday under the theme "Every story is unique, every journey matters." (Photo by: Lylie Joel) NAMPA

NKURENKURU, 25 October 2025- The Nkurenkuru Private Hospital held its first-ever cancer awareness campaign on Friday under the theme "Every story is unique, every journey matters." (Photo by: Lylie Joel) NAMPA

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