Sept 29 (Reuters) - NOVARTIS AG:

* NOVARTIS ANNOUNCES COMMENCEMENT OF TENDER OFFER TO ACQUIRE

TOURMALINE BIO

* TORINO MERGER SUB INC COMMENCED A TENDER OFFER TO ACQUIRE

ALL OF

OUTSTANDING SHARES OF COMMON STOCK, PAR VALUE $0.0001 PER SHARE

OF TOURMALINE BIO, INC AT A PRICE OF $48 PER SHARE, IN CASH,

WITHOUT INTEREST

* OFFER WILL EXPIRE AT ONE MINUTE FOLLOWING 11:59 P.M., NEW

YORK

CITY TIME, ON OCTOBER 27, 2025, UNLESS OFFER IS OTHERWISE

EXTENDED

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(Gdansk Newsroom)