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Hrher2

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Novartis bets on mutant PI3Kα with SNV4818 acquisition to sharpen breast cancer pipeline
business22 days ago

Novartis bets on mutant PI3Kα with SNV4818 acquisition to sharpen breast cancer pipeline

Novartis today announced plans to acquire SNV4818 from Synnovation Therapeutics' Pikavation subsidiary for up to USD 3 billion (USD 2 billion upfront with up to USD 1 billion in milestones) to advance a pan-mutant‑selective PI3Kα inhibitor in HR+/HER2- breast cancer; SNV4818 is designed to target mutant PI3Kα (PIK3CA) while sparing wild-type PI3Kα to improve tolerability and enable combination with hormonal therapies, addressing an unmet need in roughly 40% of HR+/HER2- patients; closing is expected in the first half of 2026.