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Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports
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Novartis nears $70-plus per share deal to acquire Avidity Biosciences, Bloomberg News reports
Oct 26, 2025 8:37 AM

Oct 26 (Reuters) - Swiss drugmaker Novartis AG

is close to acquiring U.S. biotech Avidity Biosciences ( RNA )

for over $70 per share, Bloomberg News reported on Sunday,

citing a person familiar with the matter.

Reuters could not immediately confirm the report.

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