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| Name | Symbol | Market | Type |
|---|---|---|---|
| Novartis AG | NYSE:NVS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 104.75 | 0 | 00:00:00 |
From Jan 2023 to Jan 2025
By David Sachs
Sandoz will buy vision-impairment drug Cimerli from Coherus BioSciences for $170 million.
The Swiss pharmaceutical company said Monday that the purchase of the U.S. company's medication includes a biologics license, product inventory, and ophthalmology sales, as well as access to proprietary commercial software.
The medication, which treats serious eye conditions including macular degeneration, is interchangeable with Lucentis, a drug developed by Genentech. Sandoz expects to close the deal in the second half of this year.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
January 22, 2024 01:44 ET (06:44 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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