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Novartis to pay $2B upfront to take next-gen PI3Kα inhibitor from Synnovation

Novartis will spend $2 billion upfront to buy a more selective PI3Kα inhibitor, intensifying the competition to develop a new wave of breast cancer drugs with fewer side effects.

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Novartis will spend $2 billion upfront to buy a more selective PI3Kα inhibitor, intensifying the competition to develop a new wave of breast cancer drugs with fewer side effects.

The Swiss pharma already markets the PI3Kα-targeting breast cancer drug Piqray, but it comes with a high rate of hyperglycemia and diarrhea, making combination approaches challenging. To address these side effects, Novartis and other drugmakers are now homing in on “mutant-selective” inhibitors that do not target the wild-type PI3Kα enzyme.

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