Cardiovascular is one of the areas Novo Nordisk plans to establish its presence by 2025, as per the company’s Q4 2023 quarterly report. Image Credit: Maurice NORBERT / Shutterstock.
Novo Nordisk has agreed to acquire Germany-based Cardior Pharmaceuticals for up to €1bn ($1.1bn) to expand its cardiovascular pipeline. The deal is expected to close in Q2 2024.
Cardior’s lead candidate is a Phase II heart failure candidate, CDR132L. The therapy is an antisense oligonucleotide, which selectively blocks abnormal levels of the microRNA molecule, miR-132. miR-132 plays a part in cardiac processes, as it is overexpressed in patients with heart failure.
The company has invested in expanding its cardiovascular portfolio through multiple deals in recent months. Last month, Novo signed a $1.46bn deal with US-based biotech Neomorph to discover and develop multiple ‘molecular glue’ protein degraders for cardiometabolic disorders and rare diseases. According to the agreement, Neomorph will be responsible for the discovery and preclinical research while Novo will have exclusive rights to further clinical development and commercialisation.
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In July 2023, Novo signed a research partnership with Eleven Therapeutics to identify novel nucleic acid molecules to treat cardiometabolic diseases by leveraging the latter’s DELiveri platform. DELiveri uses DNA-encoded libraries (DELs), along with machine learning and AI technologies to identify conjugates that can transport therapeutic molecules.
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