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BioWorld - Friday, November 22, 2024
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» Novartis acquires gene therapy developer Kate Therapeutics for $1.1B
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Novartis acquires gene therapy developer Kate Therapeutics for $1.1B
Nov. 21, 2024
By
Karen Carey
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Rising from a $51 million series A round a year ago to a $1.1 billion acquisition, Kate Therapeutics Inc. has stepped under the umbrella of Novartis AG, which gains preclinical adeno-associated virus-based gene therapies for neuromuscular diseases.
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