Novartis to Buy Avidity Biosciences in $12 Billion Deal

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A New Frontier for Neuromuscular Medicine

For Novartis, this isn’t just an acquisition — it’s a declaration of intent. The company’s foray into RNA therapeutics mirrors a broader industry trend, as pharmaceutical giants race to acquire biotech firms with promising platforms that bridge precision biology and data-driven drug design.

By integrating Avidity’s technology and expertise, Novartis aims to accelerate the development of RNA-based treatments capable of targeting diseases at their molecular roots — turning what once seemed impossible into scientific reality.

As Narasimhan put it, this deal “represents a powerful convergence of innovation, purpose, and potential — exactly what modern medicine needs.”

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