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Biotechnology
Novartis gets access to COVID-19 therapies
by Michael McCoy
October 31, 2020
| A version of this story appeared in
Volume 98, Issue 42
Novartis has purchased an option to license two potential COVID-19 therapies from the Swiss biotech company Molecular Partners. The compounds, MP0420 and MP0423, are antiviral proteins that offer advantages over antibodies, the firms say, including small size, long shelf life, and ease of manufacturing via microbial fermentation. Novartis will pay Molecular Partners $66 million up front and potentially more in future payments and royalties.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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