Novartis Buys Kate Therapeutics, Eyeing $55B CGT Market Opportunity by 2030

UF Startup Kate Therapeutics, a gene therapy specialist, is being acquired by Novartis in a deal worth up to $1.1 billion. This acquisition aligns with Novartis’s efforts to deliver treatments for neuromuscular disorders and fits into the pharma’s strategy to expand its new modality pipeline, ensuring long-term business sustainability.

GatorPitch Showcases University of Florida Startups in Miami

UF Innovate hosted its inaugural GatorPitch event on Thursday, November 7, at Miami’s Mana Tech, showcasing six of the University of Florida’s best startups to more than 150 attendees from South Florida’s dynamic investor and entrepreneurial community.