No­vo Nordisk grabs a $486M buy­out op­tion on an an­ti-apoC3 an­ti­body for its car­dio R&D group

A cou­ple of months af­ter re­struc­tur­ing its R&D op­er­a­tions, No­vo Nordisk has whipped up a $486 op­tion deal to buy out Stat­en Biotech­nol­o­gy — if their lead drug comes through in clin­i­cal tri­als. 

The main at­trac­tion at the Nether­lands-based Stat­en is an an­ti-apoC3 an­ti­body — dubbed  STT-5058 — which has a shot at re­duc­ing triglyc­erides and rem­nant lipopro­teins, well known tar­gets in the high-risk car­dio field.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.