Avidity Biosciences Enters into Agreement to be Acquired by Novartis AG
✨ Onyx Summary Avidity Biosciences (Nasdaq: RNA) entered into a definitive agreement to be acquired by Novartis AG for $72.00 per share in cash, valuing Avidity at approximately $12 billion, following the planned spin-off of its early-stage precision cardiology programs into a new public company, SpinCo. The transaction, unanimously approved