Novartis, Ionis will work together again in the next-generation cardio space
Novartis is once again teaming up with Ionis on a next-generation siRNA cardio drug, picking up another shot in an increasingly competitive space.
The deal centers around cardiovascular disease driven by lipoprotein(a), or Lp(a), a fat-transport molecule that is estimated to increase CVD risk by 20% to 30% of the global population. Ionis will get $60 million in upfront cash for the as-yet unnamed drug, and will be eligible for an undisclosed amount of milestone payments, according to a press release.
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