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Novartis Buys Blood Disease Drug Maker for $665mn

Purchase of Selexys complements and broadens hematology pipeline

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Novartis has acquired Selexys Pharmaceuticals, a drug maker specializing in development of therapeutics in certain hematologic and inflammatory disorders. Novartis exercised its right to acquire Selexys following receipt of results of the SUSTAIN study, a Phase II trial evaluating the use of SelG1, an anti-P-selectin antibody, in the reduction of vaso-occlusive pain crises in patients with sickle cell disease (SCD). “Sickle cell disease affects millions of people around the world and th...

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