Nanexa signs SEK 13 billion
Photo: Mads Claus Rasmussen/Ritzau/TT

Nanexa signs SEK 13 billion licensing deal with Novo Nordisk

Swedish pharmaceutical company Nanexa has entered into a licensing and collaboration agreement with Danish giant Novo worth just over SEK 13 billion, according to a press release.

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Under the agreement, Novo, which recently changed its name from Novo Nordisk, receives a global license to use Nanexa's pharmaceutical platform Pharmashell in up to five development programs.

"We are very excited and proud of this licensing agreement with Novo and look forward to working with them to successfully develop less frequent dosing products in obesity and type 2 diabetes," says David Westberg, CEO of Nanexa in the press release.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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