{"id":25858,"date":"2024-05-06T00:50:13","date_gmt":"2024-05-06T04:50:13","guid":{"rendered":"https:\/\/sliceofhealthcare.com\/?p=25858"},"modified":"2024-05-06T00:56:00","modified_gmt":"2024-05-06T04:56:00","slug":"mariana-oncology-acquired-by-novartis-for-1-75-billion","status":"publish","type":"post","link":"https:\/\/sliceofhealthcare.com\/mariana-oncology-acquired-by-novartis-for-1-75-billion\/","title":{"rendered":"Mariana Oncology Acquired by Novartis for $1.75 Billion"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"25858\" class=\"elementor elementor-25858\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-53265ad elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"53265ad\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b1fd0d8\" data-id=\"b1fd0d8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-219a45b elementor-widget elementor-widget-heading\" data-id=\"219a45b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 id=\"key-highlights\" class=\"elementor-heading-title elementor-size-default\">Key Highlights<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea205cb elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"ea205cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-37761df\" data-id=\"37761df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d09b4b elementor-widget elementor-widget-text-editor\" data-id=\"6d09b4b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>$1 billion upfront, with up to $750 million in potential milestones<\/strong>\u00a0for Mariana Oncology&#8217;s acquisition.<\/li><li>Mariana Oncology&#8217;s lead program, MC-339, targets\u00a0<strong>small cell lung cancer<\/strong>\u00a0with novel radioligand therapy.<\/li><li>The merger unites Mariana&#8217;s peptide-based RLTs and Novartis&#8217;s global clinical development and commercialization expertise.<\/li><\/ul><p><b>Source: <\/b><a href=\"https:\/\/www.businesswire.com\/news\/home\/20240502315526\/en\/Mariana-Oncology-to-be-Acquired-by-Novartis-to-Advance-Precision-Radiopharmaceuticals-to-Treat-Cancer\">Business Wire<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e90ba87 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"e90ba87\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0c976b7\" data-id=\"0c976b7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5516a40 elementor-widget elementor-widget-heading\" data-id=\"5516a40\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 id=\"notable-quotes\" class=\"elementor-heading-title elementor-size-default\">Notable Quotes<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d697cb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"d697cb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0a4aada\" data-id=\"0a4aada\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91b3c7e elementor-widget elementor-widget-text-editor\" data-id=\"91b3c7e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>&#8220;Together, we offer a compelling combination of capabilities. In the short time since founding the company, the team at Mariana Oncology has developed a leading radiopharmaceutical discovery platform and an innovative pipeline,&#8221;\u00a0<strong>&#8211; Simon Read, Founder and CEO at Mariana Oncology<\/strong><\/li><li>&#8220;This acquisition&#8230; brings to Novartis phenomenal talent and new capabilities in radioligand therapeutic research,&#8221;\u00a0<strong>&#8211; Shiva Malek, PhD, Global Head of Oncology for Biomedical Research at Novartis<\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-de5db98 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"de5db98\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49139f5\" data-id=\"49139f5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-416ad5a elementor-widget elementor-widget-heading\" data-id=\"416ad5a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 id=\"sohcs-take\" class=\"elementor-heading-title elementor-size-default\">SoHC's Take<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-815da73 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"815da73\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-123f65b\" data-id=\"123f65b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1455ae elementor-widget elementor-widget-text-editor\" data-id=\"e1455ae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The acquisition of Mariana Oncology by Novartis is a strategic move that amplifies the capabilities of both companies in the field of radiopharmaceuticals. Mariana&#8217;s innovative approach to peptide-based RLTs and their robust pipeline targeting solid tumor cancers present a significant advancement in cancer therapy. Coupled with Novartis&#8217;s expertise in clinical development and global market reach, this merger is poised to transform the landscape of cancer treatment, offering new hope and advanced therapeutic options to patients worldwide. This deal not only underscores the value of specialized oncology innovations but also highlights the ongoing commitment of major pharmaceutical companies to invest in cutting-edge technologies that can lead to transformative outcomes in healthcare.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-ea8e122 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"ea8e122\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Key Highlights $1 billion upfront, with up to $750 million in potential milestones\u00a0for Mariana Oncology&#8217;s acquisition. Mariana Oncology&#8217;s&hellip;\n","protected":false},"author":14,"featured_media":25860,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","pgc_sgb_lightbox_settings":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1900,1896,13],"tags":[6542,6541,6543,5461,6540,2929,2092,6545,6544],"class_list":["post-25858","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ma-news","category-news","category-pharmaceutical","tag-access-biotechnology","tag-atlas-venture","tag-deeptrack-capital","tag-forbion","tag-mariana-oncology","tag-novartis","tag-ra-capital-management","tag-shiva-malek","tag-simon-read","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mariana Oncology Acquired by Novartis for $1.75 Billion<\/title>\n<meta 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