CPSE:NOVO BPharmaceuticals
Could Novo Nordisk’s (CPSE:NOVO B) Rare Disease Bet Shift Its Portfolio Beyond Diabetes?
Omeros Corporation recently announced a definitive asset purchase and license agreement granting Novo Nordisk exclusive global rights to develop and commercialize zaltenibart, an experimental antibody targeting rare blood and kidney disorders, in exchange for US$340 million upfront and potential total payments of up to US$2.1 billion plus tiered royalties.
This deal marks Novo Nordisk's significant move to diversify its portfolio beyond diabetes and obesity by investing in promising...