Novo Nordisk signs billion-dollar deal with Septerna
Novo Nordisk and Septerna have entered into a global collaboration to develop oral medicines for obesity and type 2 diabetes. The collaboration focuses on small molecule medicines targeting GLP-1, GIP and glucagon receptors. Septerna may receive up to USD 2,2 billion, including over USD 200 million in upfront payments. Novo Nordisk will fund research and take over global development from the IND phase. The agreement is expected to close in the second quarter of 2025.
Notes
Alligator Bioscience receives FDA approval for phase III mitazalimab dose
Lena Åredal appointed new CEO of SyntheticMR
BioArctic advances phase IIa study with exidavnemab
Novo Nordisk advances amycretin to Phase III
BioNTech acquires CureVac for $1,25 billion
ALZ-101 shows stable antibody levels in the brain
Isofol completes first cohort in arfolitixorin study
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