"Novo Nordisk Strikes Multi-Billion-Dollar Deals with Biotechs for Obesity and Cardiometabolic Drug Research"

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Source: GlobeNewswire
"Novo Nordisk Strikes Multi-Billion-Dollar Deals with Biotechs for Obesity and Cardiometabolic Drug Research"
Photo: GlobeNewswire
TL;DR Summary

Novo Nordisk has announced research collaborations with Omega Therapeutics and Cellarity to develop new treatments for cardiometabolic diseases, focusing on obesity management and metabolic dysfunction-associated steatohepatitis (MASH). The collaborations, which are the first under the partnership with Flagship Pioneering, will utilize Omega's epigenomic controller and Cellarity's small molecule therapy platforms. The agreements include potential payments of up to $532 million in milestones and royalties. This partnership aims to leverage cutting-edge technology and deep expertise in cardiometabolic disease to create transformative medicines.

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