Pharma BD Deal Intelligence

Novartis AG / Legend Biotech Corporation

2023 · Licensing/Option · $1.1B · Complete

WRONG BY 31 POINTS
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The coverage arc

Nov 13, 2023 Fierce Biotech Bullish

Novartis pays Legend $100M upfront to give solid tumor CAR-T the T-Charge treatment with LB2102.

Jun 01, 2026 Legend Biotech (ASCO 2026) Bullish

First-in-human Phase 1 (NCT05680922) of LB2102, the DLL3-targeted autologous CAR-T licensed to Novartis, in r/r SCLC/LCNEC: ORR 20% (4/20) and DCR 70% overall;…

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Novartis licensed Legend Biotech's DLL3-targeting CAR-T cell therapies including LB2102, with Novartis gaining exclusive worldwide development and commercialization rights.

Key facts

Related deals — scored

DealYearValueOutcome
Novartis AG / Legend Biotech Corporation (this deal)2023$1.1B69
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 / Chinook Therapeutics Inc.2023$3.5B78

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