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Novartis Agrees to Acquire Pan-Mutant‑Selective PI3Kα Inhibitor from Synnovation Therapeutics

SNV4818 is an oral drug currently being evaluated in a Phase 1/2 study for breast cancer and other advanced solid tumors.

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By: Charlie Sternberg

Associate Editor

Novartis has entered into an agreement with Synnovation Therapeutics LLC to acquire SNV4818, a pan-mutant‑selective PI3Kα inhibitor, exploring a next-generation approach for the treatment of patients with HR+/HER2- breast cancer and potentially other solid tumor indications. Under the terms of the agreement, Novartis will pay $2 billion upfront and up to $1 billion in milestone payments to Synnovation Therapeutics, LLC to acquire Pikavation Therapeutics, Inc., a wholly- owned subsidiary of Sy...

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