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Novartis CEO Circumspect About Biotech Bargains

As Renowned Analyst Ronny Gal Jumps Aboard

Executive Summary

Vas Narasimhan tells Scrip that a return to sensible valuations of biotechs could lead to increased deal-making but cautions that a number of those companies that went public "may not have been mature enough with their science” and their true value remains unclear.

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