MedWatch

Pfizer's RSV acquisition target is Novo Ventures portfolio company

Reviral, which Pfizer intends to acquire in a deal that could total USD 525m, has received several investments from Novo Ventures.

Photo: Novo Holdings / PR

Pfizer has entered into an acquisition agreement with London based Reviral, which develops antiviral treatments for respiratory syncytial virus (RSV), in a deal that could reach USD 525m.

However, it isn’t the only big name in the industry that has been willing to pay big bucks to ensure the success of Reviral’s therapies; in 2018, Novo Ventures entered the firm’s ownership circle with a DKK 351m (USD 51.5m) investment.

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