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0.00079093066174535 0.00079093066174535 -0.000527287107830109 -0.0015818613234907 -0.00290007909306616 -0.00131821776957565 -0.000263643553915242 -0.00290007909306635
Stock impact report

Novo Nordisk and Vivtex collaborate for oral medicines development [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
Vivtex will license to Novo Nordisk select oral drug-delivery technologies and is set to receive research funding, upfront payments, and milestone payments up to $2.1bn, along with tiered royalties on future product sales. The partnership aims to enable oral administration of biologic drug candidates that are traditionally injected due to poor absorption in the gastrointestinal tract. It aims to identify next-generation oral therapeutics by bringing together Novo Nordisk's experience in peptide and protein therapeutics with Vivtex's gastrointestinal screening and formulation platform. Novo Nordisk's therapeutics discovery senior vice-president Brian Vandahl said: “Novo Nordisk has been at the forefront of innovation in protein and peptide engineering for several decades, and not least within oral formulation of peptides. We launched the first-ever oral biologic more than five years ago and have recently launched the world's first oral biologic for obesity. “We continue to pus Show less Read more
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