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.
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