Pharma Deals Review, Vol 2016, No 12 (2016)

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Novartis Exercises Option to Acquire Selexys Pharmaceuticals to Add Sickle Cell Disease Candidate

Keshav Mahawar

Abstract


Novartis has expanded its late-stage haematology pipeline with the acquisition of US-based Selexys Pharmaceuticals in a deal potentially worth US$665 M. The purchase comes 4 years after Novartis obtained an exclusive option to acquire Selexys following the successful completion of a Phase II clinical study of the company’s lead asset SelG1, an anti-P-selectin antibody, in patients with sickle cell disease.

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