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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