therapeutics

"This is the first time that it has been shown that we can increase immune cell activation in glioblastoma tumors when we deliver nanoscale therapeutics from the nose to the brain," Mahajan said.

Its new generation of therapeutics supports a more positive long-term outlook.

Through the acquisition, Novartis is also gaining access to a new class of RNA therapeutics, called antibody oligonucleotide conjugate, with a platform that enables delivering RNA therapy to muscle, UBS says.

“The Avidity team has built robust programs with industry leading delivery of RNA therapeutics to muscle tissue,” Novartis CEO Vas Narasimhan said.

“The ability to manipulate these cells so that they can become powerful, specific therapeutics is really the promise of the field,” Bluestone said.