Tuesday, April 24, 2007

UPDATE 2-Novartis buys rights to Cytos anti-smoking jab

(Reuters) - ZURICH, April 25 - Novartis , the Swiss-based drugs group, will buy rights to the anti-smoking vaccine made by Switzerland's Cytos Biotechnology in a deal valued up to 600 million Swiss francs .

Novartis, which has made vaccines a key part of its growth platform, said it purchased global rights to the vaccine, CYT002-NicQb, which could be ready to market in 2011 after late-stage trials in 2008.


Read more at Reuters.com Market News

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