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BioWorld - Tuesday, March 31, 2026
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Home » Dtx brings siRNA candidates to Novartis in $1B merger
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Dtx brings siRNA candidates to Novartis in $1B merger

July 17, 2023
By Lee Landenberger
Novartis AG just added muscle to its siRNA development effort by buying Dtx Pharma Inc. in an M&A deal that could total $1 billion. Novartis is getting a preclinical asset, DTx-1252, which just received the U.S. FDA’s orphan drug designation on June 8. Dtx is developing the siRNA candidate for treating the neuromuscular disease Charcot-Marie-Tooth disease type 1A (CMT1A). Basel, Switzerland-based Novartis will pay Dtx $500 million up front and make payments of up to $500 million in milestones completions.
BioWorld Deals and M&A Neurology/psychiatric

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