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Novartis is buying a U.K. cancer drug startup for up to $1.5 billion

The Swiss drugmaker will pay $1.1 billion upfront and up to $400 million in milestones to gain a novel antibody-drug conjugate payload platform

Novartis is buying a U.K. cancer drug startup for up to $1.5 billion

Published July 6, 2026 · Category: Markets

Overview

The Swiss drugmaker will pay $1.1 billion upfront and up to $400 million in milestones to gain a novel antibody-drug conjugate payload platform

Source

Originally published at qz.com.

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