It’s a sell­er’s world in biotech M&A, and No­var­tis CEO Vas Narasimhan has his check book out and pen ready

The Al­con spin­off is of­fi­cial­ly done to­day, de­but­ing on the Swiss ex­change with a mar­ket cap of $25 bil­lion-plus, and No­var­tis CEO Vas Narasimhan is plan­ning a long-run­ning shop­ping spree in search of im­por­tant new biotech prod­ucts. And he’s been clear­ly fo­cused on a late-stage strat­e­gy that has trig­gered a flash­ing red warn­ing light at a world of po­ten­tial ri­vals.

In sev­er­al in­ter­views, in­clud­ing this one with the Fi­nan­cial Times, the youngest CEO in No­var­tis his­to­ry is new­ly lib­er­at­ed. He has a pipeline stuffed with drugs he’s cer­tain are block­busters-to-be, with 4 late-stage drugs set to launch this year — a re­mark­able achieve­ment, es­pe­cial­ly as sev­er­al of them re­al­ly are tapped as block­busters.

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