Novo Nordisk's Strategic Partnership with Valo Health to Revolutionize Cardiometabolic Treatments

TL;DR Summary
Novo Nordisk has entered into a partnership with Valo Health, a machine learning and drug discovery startup, to expand its cardiometabolic pipeline. In exchange for $60 million upfront and near-term payments, Novo will gain access to three cardiovascular assets developed by Valo. The deal also includes the potential for milestone payments of up to $2.7 billion for additional programs, as well as funding for R&D and potential royalties.
Topics:business#cardiometabolic#drug-discovery#machine-learning#novo-nordisk#pharmaceuticals#valo-health
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- Novo Nordisk pays $60M for AI-powered cardio collab with Valo FierceBiotech
- Novo Nordisk and Valo to research cardiometabolic treatments Reuters
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