Nanexa Shares Double on Novo Nordisk Deal
Nanexa shares more than doubled after signing a global licensing agreement with Novo Nordisk worth up to 1.17 billion euros. The partnership focuses on developing long-acting injectable treatments for chronic cardiometabolic diseases.
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Novo Nordisk A/S signed a licensing agreement worth up to €1.17 billion ($1.33 billion) with Sweden-based drug-delivery firm Nanexa on Friday morning. The deal covers long-acting injectable treatments for cardiometabolic diseases. It represents one of Nanexa's largest commercial partnerships to date, sending its shares soaring in early trading.
