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Novartis acquires US pharma research firm Selexys Pharmaceuticals

Swiss-based pharmaceuticals giant Novartis said Monday it was acquiring Selexys Pharmaceuticals Corp., a US research lab in blood and inflammatory disorders, in a deal costing up to $665 million (627 million euros).
Selexys specialises in sickle cell disease, an inherited form of anaemia that is most common among people of African descent.
In a statement, Novartis said it exercised rights to buy the company after seeing results from a large trial into a drug to treat pain for people with the disease.

Source: https://medicalxpress.com/news/2016-11-novartis-pharma-firm-selexys-pharmaceuticals.html

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Novartis acquires US pharma research firm Selexys Pharmaceuticals

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