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Novartis weighs entry into mRNA technology, chairman tells paper

Swiss drugmaker Novartis (NOVN.S) may enter an area of ​​messenger ribonucleic acid (mRNA) expertise that has emerged in vaccine improvement during the pandemic, President Georg Reinhardt said in a newspaper interview.

In the Argauer Zeitung interview, Reinhardt also highlighted the company’s resurgent interest in anti-infection products, which has also been pushed by the pandemic.

“The mRNA expertise has confirmed to be a beautiful possibility in this scenario and naturally each analysis firm is questioning whether they need to invest more in this area,” he told the Swiss paper.

“Novartis is doing the same and we are discussing this week in the government committee and then in August in the board of administrators,” he added, without getting more specific.

Novartis joined several different corporations in 2018 after it abandoned anti-viral and anti-bacterial analysis at a facility in California after it concluded that the chances of success were comparatively low and genes wanted to re-direct the sources to different areas such as healing.

Reinhardt said, “We are re-evaluating this at this time, as the pandemic has revived the company’s curiosity in anti-infectives.

As well as antivirals in partnership with Molecular Companions (MOLN.S), the US-based analysis arm of Novartis is engaged on an oral protease inhibitor — a drug that targets enzymes that replicate inside human cells. Helps – that it can hopefully be very well skilled in long term combat.

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