Regen BioPharma Inc (RGBP)

[Carter]

Big pharma wants in - badly.

Quote:

Novartis weighs entry into mRNA technology, chairman tells paper
ZURICH, July 1 (Reuters) - Swiss drugmaker Novartis NOVN.S could get into the field of messenger ribonucleic acid (mRNA) technology, which has come to the fore in vaccine development during the coronavirus pandemic, Chairman Joerg Reinhardt said in a newspaper interview.

In the Aargauer Zeitung interview, Reinhardt also highlighted the company's resurgent interest in anti-infective products that has also been driven by the pandemic.

"The mRNA technology has proven to be an attractive option in this situation and of course every research company is questioning whether they should invest more in this area," he told the Swiss paper.

"Novartis is doing the same and we are having the discussion this week in the executive committee and then in August in the board of directors," he added without being more specific.

Novartis had joined many other companies in 2018 when it abandoned anti-viral and anti-bacterial research at a facility in California, as it concluded the probability of success was relatively low and wanted to re-direct resources to other areas like gene therapy.

"We are now reassessing that," Reinhardt said, as the pandemic has resurrected the company's interest in anti-infectives.
https://www.nasdaq.com/articles/novartis-weighs-entry-into-mrna-technology-chairman-tells-paper-2021-07-01-0