logo
Plus   Neg
Share
Email

Novartis Reportedly Considers Deal For Advanced Accelerator Applications

Novartis AG (NVS) is considering a deal for Advanced Accelerator Applications S.A. (AAAP), Bloomberg reported citing people familiar with the matter.

Novartis has approached Advanced Accelerator Applications or AAA about a deal and held talks. AAA could also attract interest from other drugmakers. No deal has been reached and talks may fall apart, the report said.

AAA makes radiopharmaceuticals, or radioactive drugs, used to diagnose and treat diseases such as cancer.

AAAP closed Wednesday's regular trading at $59.76, up $1.46 or 2.50 percent. In the after-hours, the stock further gained $5.74 or 9.61%.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Alphabet's subsidiary Loon LLC has secured its first commercial deal - to deliver 4G internet access to remote areas of Kenya using high-altitude balloons. Loon will partner with Telkom Kenya to deliver connectivity to parts of Kenya. Telkom Kenya announced Thursday that it has signed a definitive agreement with Loon to pilot a new 4G/LTE access network service in Kenya. The Cow Calendar era is coming to an end. Chick-fil-A said it is axing one of its well-loved products, the Cow Calendar. The 2018 Cow Calendar will be the chicken chain's last calendar. Chick-fil-A first launched the Cow Calendar in 1998 that featured cows as a new tool to convince people to eat more chicken. The calendars were popular not just for the pictures of funny Chick-fil-A cows. Japanese telecom giant Nippon Telegraph and Telephone or NTT has filed a patent for a blockchain technology-based new contract agreement method. NTT, the world's fourth-largest telecom provider, explains the ways to use the application to store contracts without tampering documents.
Follow RTT