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blockonomi.com Novartis Acquires Avidity Biosciences for $12 Billion in Cash Deal

TLDR Novartis agreed to buy Avidity Biosciences for approximately $12 billion, paying $72 per share in cash, a 46% premium over Friday’s closing price The acquisition adds late-stage therapies for rare neuromuscular diseases to Novartis’s pipeline, with potential drug approvals expected by 2026 Avidity will spin off its early-stage cardiology programs into a separate publicly [...] The post Novartis Acquires Avidity Biosciences for $12 Billion in Cash Deal appeared first on Blockonomi.

ambcrypto.com Fullset Blockchain Conference 2025 Brings Web3 Leaders to Kyiv for a Day of networking, innovation, and collab

Fullset Blockchain Conference 2025 will take place at the Parkovy Exhibition and Convention Center on November 1, 2025. It will bring together the global blockchain ecosystem for a full day of high-leThe post Fullset Blockchain Conference 2025 Brings Web3 Leaders to Kyiv for a Day of networking, innovation, and collab appeared first on AMBCrypto.

blockonomi.com Former Stellantis CEO Predicts Tesla May Exit Automotive Industry Within 10 Years

TLDR Tesla (TSLA) stock dropped 3.4% to $433.71 after former Stellantis CEO Carl-Peter Forster warned the company may not survive the next 10 years. Chinese competitor BYD overtook Tesla in global EV sales, while Tesla’s China market share plunged from 16% in 2020 to 5% today. Tesla missed profit expectations for the fourth straight quarter [...] The post Former Stellantis CEO Predicts Tesla May Exit Automotive Industry Within 10 Years appeared first on Blockonomi.