Novo Nordisk exits cancer research
This article was originally published in Scrip
Executive Summary
Novo Nordiskhas sold its one remaining oncology candidate, IPH 2101 (formerly NN1975), to its French biopharmaceutical partner Innate Pharma. In exchange, the Danish company will receive the full rights to the previously co-developed anti-inflammation candidate NN8555/IPH 2301 and a €2.5 million upfront payment as well as milestone payments on any future sales of NN1975.