BRIEF-Sironax Grants Novartis Exclusive Option To Acquire Its Brain Delivery Platform-March 2024-www.financetom.com

BRIEF-Sironax Grants Novartis Exclusive Option To Acquire Its Brain Delivery Platform

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Sironax Grants Novartis Exclusive Option To Acquire Its Brain Delivery Platform

Jul 9, 2025 5:40 AM

July 9 (Reuters) - Novartis AG:

* SIRONAX: GRANTS NOVARTIS EXCLUSIVE OPTION TO ACQUIRE ITS

BRAIN

DELIVERY PLATFORM WHILE RETAINING RIGHTS TO ADVANCE SELECTED

THERAPEUTIC ASSETS

* SIRONAX: SIRONAX IS ELIGIBLE TO RECEIVE UP TO $175 MILLION

UPFRONT AND NEAR-TERM PAYMENTS UNDER AGREEMENT

* SIRONAX: UNDER AGREEMENT, NOVARTIS TO EVALUATE BDM

PLATFORM

WITHIN OPTION PERIOD

Source text:

Further company coverage:

Previous page： GSK, partner iTeos scrap development of lung cancer therapy Next page： TotalEnergies, BWEnergy set to decide on Namibia projects late next year, govt official says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

GSK, partner iTeos scrap development of lung cancer therapy

May 26, 2025

May 13 (Reuters) - Britain's GSK and drug developer iTeos Therapeutics ( ITOS ) said on Tuesday they have stopped developing an experimental lung cancer drug, belrestotug, after it failed to stop the disease from progressing in two studies. The discontinued drug belongs to a class of treatments focused on the TIGIT receptor that has fallen out of favor in...

TotalEnergies, BWEnergy set to decide on Namibia projects late next year, govt official says

May 26, 2025

* Namibia hopes for joint plan to monetize gas * TotalEnergies said it needs to reinject gas into oil field * Total to submit development plan in June or July -Namibia says * Namibia expects first oil in 2029-2030 (Recasts, adds comments from TotalEnergies executive and Namibia petroleum commissioner) By America Hernandez PARIS, May 13 (Reuters) - Namibia expects a...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

UnitedHealth's string of setbacks, from exec murder to cyber attack

May 26, 2025

(Reuters) -UnitedHealth Group ( UNH ) CEO Andrew Witty has stepped down unexpectedly and company veteran Stephen Hemsley is returning to the top role to steer the healthcare conglomerate through one of its most challenging periods. The company has grappled with a series of challenges over the past year: a surge in medical costs, a cyber attack at its tech...