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Collaboration to develop novel treatment for dyslipidaemia; could be worth up to €430 million
December 28, 2018
By: Tim Wright
Editor-in-Chief, Contract Pharma
Staten Biotechnology and Novo Nordisk today have entered into a collaboration and exclusive option agreement to develop novel therapeutics for the treatment of hypertriglyceridaemia. Novo Nordisk will provide research and development funding and support for Staten to develop its lead asset STT-5058 for treatment of dyslipidaemia. Under the exclusive option agreement, Novo Nordisk has the right to acquire Staten Biotechnology and gain worldwide rights to STT-5058. Staten Biotechnology and its ...
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