Novartis AG announced the successful completion of the tender offer by its subsidiary, Novartis Groupe France S.A., to purchase all of the outstanding ordinary shares ("Ordinary Shares"), including Ordinary Shares represented by American Depositary Shares ("ADSs"), of Advanced Accelerator Applications S.A., for a price of USD 41.00 per Ordinary Share and USD 82.00 per ADS, in each case . "We are excited to welcome AAA to the Novartis organization so we can collectively transform cancer care for patients.". Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, cost-saving generic and biosimilar pharmaceuticals and eye care. Found insideThis pocket book explains the significant and well-documented impact that PET/CT can have on the management of prostate cancer through the provision of high-quality evidence regarding function and structure. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Advanced Accelerator Applications S.A. ( AAAP) shares made a run early on Monday after it came public that Novartis A.G. ( NVS) plans to buy the company. Sign up to follow @Novartis at http://twitter.com/novartis and @NovartisCancer at https://twitter.com/novartiscancer. Found inside – Page 309Methodology and Applications Michael R. Kilbourn, Peter J. H. Scott ... interest in this area was demonstrated recently by Novartis' acquisition in 2018 of both Advanced Accelerator Applications (AAA) for $3.9 billion (SomaKit TOC, ... The Schedule TO Tender Offer Statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the Schedule 14D-9 Solicitation/Recommendation Statement will contain important information that should be read carefully before any decision is made with respect to the tender offer. Acquisition would add Lutathera ®, a first-in-class RadioLigand Therapy (RLT . What happened. Basel, October 30, 2017 - Novartis announced today, that it has entered a memorandum of understanding with Advanced Accelerator Applications (AAA) under which Novartis intends to commence a tender . Based in Saint-Genis-Pouilly, France, AAA is an innovative radiopharmaceutical company developing, producing and commercializing molecular nuclear medicine theragnostics. Novartis successfully completes acquisition of Endocyte, Inc. DisclaimerThis press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, that can generally be identified by words such as "tender offer," "commenced," "offer," "will," "subject to," "conditions," or similar expressions, or by express or implied discussions regarding the potential outcome of the tender offer for AAA commenced by Novartis. Deia Nguyen (he/him/his) Lead Talent Acquisition Europe chez Advanced Accelerator Applications, A Novartis Company Risch, Zug, Schweiz 500+ Kontakte Found insideTo explore the role of the National Institutes of Health (NIH) in innovative drug development and its impact on patient access, the Board on Health Care Services and the Board on Health Sciences Policy of the National Academies jointly ... Novartis said today it intends to acquire Advanced Accelerator Applications (AAA) for $3.9 billion cash, in a deal designed to expand the buyer's neuroendocrine tumor pipeline with . Cardiovascular, Renal and Metabolic Medicine, Novartis Institutes for BioMedical Research, https://www.novartis.com/investors/financial-data/sec-filings. 1 of the 4. platforms of the Novartis Bold4Cure strategy. If you are looking for cool subject composition notebook, this series of composition book is for you!* Full 200 pages of standard college ruled white paper inside which is enough for the whole semester for sure!* Light grey lined paper ... The memorandum of understanding may be terminated by Novartis or Advanced Accelerator Applications under certain circumstances prior to the commencement or completion of the tender offer, including, for example, a material breach by either party of the terms and conditions of the memorandum of understanding prior to the commencement of the tender offer, the Board of Directors of AAA not issuing their positive recommendation following successful completion of the works council consultation, or amending its recommendation in a manner adverse to Novartis, non-receipt of customary transactional regulatory approvals and certain other circumstances. He served on the board of directors of Progenics Pharmaceuticals, Inc. until its acquisition by the Company. Novartis AG agreed to buy Advanced Accelerator Applications SA for about $3.9bn in cash, snapping up a radiopharmaceutical company whose drugs are used to diagnose and treat diseases such as cancer. Under CEO Vas Narasimhan, Novartis has bet more heavily on new . This is the story of LSD told by a concerned yet hopeful father, organic chemist Albert Hofmann. Although not in the standard Methods in Molecular BiologyTM series format, this volume retains the practicality and usefulness of the highly successful series. Novartis has leading positions globally in each of these areas.  In 2016, the Group achieved net sales of USD 48.5 billion, while R&D throughout the Group amounted to approximately USD 9.0 billion. Practical and clinically oriented, the third edition of Clinical Molecular Anatomic Imaging focuses on PET/CT, SPECT/CT, and PET/MR examinations – precisely the information you need to know. There can be no guarantee that the proposed acquisition described in this press release will be completed, or that it will be completed as currently proposed, or at any particular time. Lutathera® and Netspot® are registered trademarks of Advanced Accelerator Applications. Novartis is now testing the drug . At the time of study publication in the New England Journal of Medicine (January 2017), median PFS in the control arm was 8.4 months and had not yet been reached in the Lutathera arm. -Client acquisition: providing new business partnerships with clinical, industrial and academic institutions The transaction would strengthen Novartis' oncology presence with both near-term product launches as well as a new technology platform with potential applications across a number of oncology early development programs. Then after, active participation in… - In the context of a highly growing company, newly listed on the Nasdaq, active participation in the implementation of consolidation and accounting . This . Novartis has become the industry leader in RLT after the acquisition of Advanced Accelerator Applications (AAA) and Endocyte in 2018, together with other significant investments to advance radioligand research. Novartis announced its intentions to acquire the oncological company and its lead product, Lutathera, a first-in-class RLT product for neuroendocrine tumors. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the ... 12. - Successfully managed the merger of Gipharma S.r.l. October 30, 2017, 10:40 AM. In addition to the offer terms, the memorandum of understanding contains representations, warranties and undertakings by Novartis and Advanced Accelerator Applications typical in similar transactions. Those materials and all other documents filed by, or caused to be filed by, Novartis and Purchaser with the SEC will be available at no charge on the SEC's website at www.sec.gov. Davis Polk is advising Advanced Accelerator Applications S.A. on its $3.9 billion acquisition by Novartis. Novartis' $3.9 Billion Acquisition of Advanced Accelerator Applications. At the time the tender offer is commenced, Novartis and an indirect wholly owned subsidiary of Novartis ("Purchaser") will file, or will cause to be filed, a Schedule TO Tender Offer Statement with the U.S. Securities and Exchange Commission (the "SEC") and the Company will file a Schedule 14D-9 Solicitation/Recommendation Statement with the SEC, in each case with respect to the tender offer. Nor can there be any guarantee that the potential, investigational or approved products described in this press release will be submitted or approved for sale or for any additional indications or labeling in any market, or at any particular time. Novartis to acquire Advanced Accelerator Applications pending outcome of tender offer and works council consultation Acquisition would add Lutathera®, a first-in-class RadioLigand Therapy (RLT) approved in Europe and under review in the US for neuroendocrine tumors (NETs) Integration of Advanced Accelerator Applications would build on Novartis' expertise in diseases associated… In addition to Lutathera in NET, AAA's radioligand therapy (RLT) pipeline includes 177Lu-PSMA-R2 which is currently being investigated in a phase 1/2 study in prostate cancer and other assets in pre-clinical testing, as well as a range of diagnostic programs. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise. Davis Polk is advising Advanced Accelerator Applications S.A. on its $3.9 billion acquisition by Novartis. We are an innovative medicines company developing a pipeline of targeted radioligand therapies and precision imaging radioligands for oncology. Advanced Accelerator Applications (AAA), a Novartis company, is an innovative company focused on the development of products for targeted radioligand therapy and precision radioligand imaging. Novartis shares were . "Advanced Accelerator Applications brings to Novartis a potential paradigm changing therapy in Lutathera which builds on our established leadership in neuroendocrine tumor treatment, as well as a portfolio of innovative R&D technology platforms in the nuclear medicines space," said Vas Narasimhan, Global Head, Drug Development and Chief Medical Officer, Novartis. Novartis products are sold in approximately 155 countries around the world.  For more information, please visit http://www.novartis.com . Additional InformationThis press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities. Novartis <NOVN.S> has agreed to buy French-based Advanced Accelerator Applications (AAA) <AAAP.O> for $3.9 billion (2.99 billion pounds), giving it a platform in radiopharmaceuticals and access to . Neither can there be any guarantee that Novartis will achieve any particular future financial results as a result of the proposed acquisition, or that Novartis will be able to realize any of potential strategic benefits, synergies or opportunities as a result of the proposed acquisition. Netter-1 tested it in patients with well-differentiated, or G1, tumors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward looking statements. Novartis Groupe France S.A. will not pay any interest on the purchase price for Ordinary Shares or ADSs tendered during the initial offer period or the subsequent offering period.  Company Shares tendered during the subsequent offering period may not be withdrawn. Novartis's latest acquisition target, Advanced Accelerator Applications, is a spinoff from the organization in charge of the Large Hadron Collider, which smashes particles together at near-light . AAA had sales of EUR 109 million in 2016. Novartis announced Jan. 22 the successful completion of the tender offer by its subsidiary, Novartis Groupe France S.A., to purchase all of the outstanding ordinary shares ("Ordinary Shares"), including Ordinary Shares represented by American Depositary Shares ("ADSs"), of Advanced Accelerator Applications S.A. for a price of USD 41.00 per Ordinary Share and USD 82.00 per ADS, in each . 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