BoomRay inks global radiopharma license deal with Novartis

22 September 2026

China-based clinical-stage company BoomRay Pharmaceuticals today announced that it has entered into an exclusive global license agreement with Novartis (NOVN: VX) for an undisclosed pre-clinical RLT asset, marking yet another radiopharmaceuticals deal for the Swiss pharma giant.

The agreement brings together BoomRay's discovery and development capabilities with the global expertise of Novartis in the RLT space, to pursue the goal of delivering meaningful therapeutic benefit to patients worldwide.

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