{
Royalty Pharma

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novo nordisk partners with ascendis to develop long acting glp 1 drugs

Novo Nordisk has partnered with Ascendis Pharma to develop a long-acting GLP-1 drug and other metabolic treatments, potentially paying up to $285 million based on progress. Ascendis will receive additional fees for each drug developed, leveraging its delivery technology to reduce dosing frequency. The collaboration aims to enhance patient adherence to medications for obesity and diabetes, addressing high discontinuation rates in current treatments.
BioPharma Dive
Euro United States Dollar Ascendis Pharma A/S Novo Nordisk A/S Royalty Pharma plc DNK Brian Vandahl Royalty Pharma Show more
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17:52 04.11.2024
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