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Mar16
Nastech Pharma Inc. & Novo Nordisk A/S, In Agreement

A leader in developing therapeutics using advanced molecular biology-based drug delivery technologies, Nastech Pharmaceuticals Company Inc. announced yesterday that it has entered into a multi-compound, feasibility study agreement with Novo Nordisk A/S with respect to certain Novo Nordisk therapeutic compounds.

Novo Nordisk A/S is a world-leader in therapies for metabolic disease. The specific compounds and indications that these two companies will venture into were not announced. Financial and other terms were not disclosed either.

Source: Nastech News

For some more merger news in the pharma industry, head on to a recent post at LegalMandA.

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