Announced
Financials
Tags
Canada
Biotechnology
clinical stage biotechnology
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Novo Nordisk, a global healthcare company, agreed to acquire Inversago Pharma, a privately owned, clinical stage company, for $1bn. “The acquisition of Inversago Pharma will further strengthen our clinical development pipeline in obesity and related disorders. This promising class of medicine pioneered by the Inversago team could lead to life-changing new treatment options for those living with a serious chronic disease and, in particular, may offer alternative or complementary solutions for people living with obesity,” Martin Holst Lange, Novo Nordisk Executive Vice President.
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