Buyout buzz centers on a Novartis NASH deal for Genfit; Synthon joins the CD47 club

→ Genfit $GNFT has become the target of the latest round of M&A rumors. StreetInsider says that Novartis is close to a deal to acquire France’s Genfit, which has been working on a new drug for NASH, now in Phase III.

→ You can welcome the Dutch biotech Synthon to the ranks of CD47 drug developers. Synthon has licensed worldwide rights to Sanquin’s lead antibodies and IP regarding the CD47-SIRPα pathway to develop new immuno-oncology treatments.

→ Dublin-based Prothena {PRTA} has sold 2,700,000 of its ordinary shares at a price to the public of $57.50 per ordinary share.

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Biotech Investment Analyst
SV Health Investors Boston, MA
Director, Program Management
Contrafect Corporation New York, NY
Director, Translational Sciences
Cadent Therapeutics Cambridge, MA

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