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BRIEF-Novartis To Buy Tourmaline Bio
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BRIEF-Novartis To Buy Tourmaline Bio
Sep 8, 2025 10:31 PM

Sept 9 (Reuters) - NOVARTIS AG:

* TO ACQUIRE TOURMALINE BIO, COMPLEMENTING CARDIOVASCULAR

PIPELINE

WITH PACIBEKITUG FOR THE TREATMENT OF ATHEROSCLEROTIC

CARDIOVASCULAR DISEASE (ASCVD)

* OFFER PRICE USD 48 PER SHARE, COMPANY VALUED AT USD 1.4BN

* EXPECTS TO MERGE ACQUIRING SUBSIDIARY WITH AND INTO

TOURMALINE

* TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2025

Source text:

Further company coverage:

(Gdansk Newsroom)

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