Novartis Acquires Myricx Bio (ADC NMTi Payload Platform) for Up to $1.5 Billion

July 7, 2026

Sofinnova Partners’ portfolio company Myricx Bio has agreed to be acquired by Novartis in a deal valued at up to $1.5 billion, including $1.1 billion in cash upfront plus potential milestone payments. Myricx Bio is a UK-headquartered biotech developing NMTi payloads and lead ADC assets targeting B7-H3 and HER2 for solid tumors.

Buyers
Novartis
Targets
Myricx Bio
Sellers
Sofinnova Partners
Industry
Biotechnology
Location
United Kingdom
Transaction Type
Buyout

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