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Novo Nordisk signs licensing deal with Orbis Medicines worth up to $1.4 billion

The agreement gives Novo Nordisk access to Orbis Medicines' technology in a deal valued at as much as $1.4 billion.

TR
By Tom Reyes · Markets Editor
Sep 17 09:56 ETSource: Yahoo Finance

The wire

  1. 01Novo Nordisk entered a licensing agreement with Orbis Medicines carrying potential value up to $1.4 billion.
  2. 02Signals continued Novo dealmaking to expand its metabolic and oral drug pipeline.
  3. 03Specific targets, milestone terms and timelines were not detailed.

From the source

Novo Nordisk Signs Up To $1.4 Billion Licensing Deal With Orbis Medicines

Read at news.google.com