CPSE:NOVO BPharmaceuticals
Novo Nordisk’s Oral Drug Push And CagriSema Setback Shape Valuation Narrative
Novo Nordisk (CPSE:NOVO B) has entered a collaboration with Vivtex worth up to $2.1 billion to develop oral biologic therapies for obesity and diabetes.
The partnership focuses on new oral delivery technologies that could make complex obesity and diabetes drugs easier for patients to take.
Separately, Novo Nordisk reported a setback for its CagriSema obesity drug, which did not match Eli Lilly's Zepbound in late-stage trials.
Novo Nordisk, trading at DKK238.4, is coming into this news after...