Pharma BD Deal Intelligence

Novartis AG / Chinook Therapeutics Inc.

2023 · Acquisition/Merger · $3.5B · Complete

CALLED IT — OFF BY 12
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The coverage arc

Feb 13, 2026 Novartis Media Release Bullish

Novartis Vanrafia (atrasentan) Phase III ALIGN final data support slowing of kidney function decline in IgA nephropathy: eGFR difference vs placebo…

Apr 24, 2026 BioPharm International Bullish

Novartis finalized the Chinook Therapeutics acquisition in a deal worth up to $3.5 billion, adding two Phase 3 assets for IgA nephropathy to significantly…

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Novartis acquired Chinook Therapeutics for up to $3.5 billion ($40.00 per share upfront plus $4.00 per share contingent value right), gaining atrasentan and zigakibart (BION-1301), two late-stage assets for IgA nephropathy (IgAN) and other kidney diseases.

Key facts

Related deals — scored

DealYearValueOutcome
Novartis AG / Chinook Therapeutics Inc. (this deal)2023$3.5B78
Novartis AG / Advanced Accelerator Applications S.A.2017$3.9B98
Novartis AG / Endocyte, Inc.2018$2.1B96
Novartis AG / Lek Pharmaceuticals d.d.2002$876M88
Novartis AG / GlaxoSmithKline plc2014$16.0B81
Novartis AG / PTC Therapeutics Inc.2024$2.9B80
Novartis AG / Hexal AG2002$8.3B75

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