Novartis Nears Acquisition of Cytokinetics Following Biotech's Heart Disease Breakthrough

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Source: Endpoints News
Novartis Nears Acquisition of Cytokinetics Following Biotech's Heart Disease Breakthrough
Photo: Endpoints News
TL;DR

Novartis is reportedly in talks to acquire Cytokinetics, with the potential deal expected to be finalized by the end of the week, following Cytokinetics' release of positive Phase III data for its heart disease program, aficamten, which has sparked M&A speculation and caused Cytokinetics' stock to surge nearly 15%.

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