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2023-10-16

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Novo Nordisk to Buy Hypertension Treatment from for $1.3 Billion from KBP Biosciences

Bagsvrd, Denmark and Singapore, 16 October 2023 – Novo Nordisk A/S and KBP Biosciences PTE., Ltd. today announced that Novo Nordisk has agreed to acquire ocedurenone for uncontrolled hypertension with potential application in cardiovascular and kidney disease from KBP Biosciences for up to 1.3 billion US dollars.Ocedurenone is an orally administered, small molecule, non-steroidal mineralocorticoid receptor antagonist that is currently being examined in the phase 3 trial CLARION-CKD in patients with uncontrolled hypertension and advanced chronic kidney disease . Uncontrolled hypertension is when a person’s blood pressure remains high despite taking two or more blood pressure-lowering treatments.“We look forward to adding ocedurenone to our pipeline as it will complement our current development programmes in cardiovascular disease and chronic kidney disease,” said Camilla Sylvest, executive vice president, Commercial Strategy & Corporate Affairs at Novo Nordisk. “This deal is closely al

Novo Nordisk to Buy Hypertension Treatment from for $1.3 Billion from KBP Biosciences

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Novo Nordisk’s U.S.-listed shares, which fell 0.8% in premarket trading, have run up 27.6% over the past three months through Friday, while the S&amp;P 500 has slipped 3.9%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70798cbe8d7c42357dc3e9e38d7fbd2c\" title=\"\" tg-width=\"845\" tg-height=\"824\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4218":"酒店及度假村房地产信托","BK4007":"制药","BK4585":"ETF&股票定投概念","NVO":"诺和诺德","BK4588":"碎股","BK4181":"酒店及度假村房地产投资信托"},"source_url":"https://finance.yahoo.com/news/novo-nordisk-acquire-ocedurenone-uncontrolled-110000082.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2375118531","content_text":"Novo Nordisk A/S said Monday it will pay $1.3 billion to KBP Biosciences to buy ocedurenone for uncontrolled hypertension.Ocedurenone is a pill that also has potential application for cardiovascular and kidney disease.The Denmark-based biotechnology company said the drug is currently in a Phase 3 trial for uncontrolled hypertension and advanced chronic kidney disease.“This deal is closely aligned with our strategic focus on expanding from our core in diabetes into other serious chronic diseases, including through novel drug modalities, to help many more patients living with unmet medical needs,” said Camilla Sylvest, executive vice president of commercial strategy and corporate affairs at Novo Nordisk.The deal is expected to close before the end of 2023. 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