Novartis, Cytokinetics near merger: report
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Dow Jones
Novartis (CH:NOVN) is close to acquiring Cytokinetics Inc. (CYTK) and its promising heart drug, according to a Wall Street Journal report Monday. A deal for South San Francisco-based Cytokinetics, which has a market value of about $9 billion, could be finalized as soon as this week, according to people familiar with the situation, the Journal reported. The potential price and other terms were not disclosed.
-Jon Swartz
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01-08-24 1325ET
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