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Novartis buying AveXis for $8.7 billion to strengthen gene therapy capabilities

Novartis is buying AveXis, a small biotech based in a north Chicago suburb, for $8.7 billion to strengthen gene therapy capabilities.

Novartis is acquiring AveXis for $8.7 billion to strengthen its gene therapy unit, adding a promising but still experimental treatment targeting a fatal childhood disease.

AveXis, a small biotech

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