Novartis, Monte Rosa strike $5.7 billion drug development deal

Reuters

09/15

Sept 15 (Reuters) - Swiss drugmaker Novartis NOVN.S and drug developer Monte Rosa Therapeutics GLUE.O signed a licensing deal worth up to $5.7 billion on Monday to develop drugs for immune-mediated diseases.

(Reporting by Kamal Choudhury in Bengaluru; Editing by Tasim Zahid)

((Kamal.Choudhury@thomsonreuters.com;))

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