Novo Nordisk links up with Photys Thera on cardiometabolic targets
Marking its second deal this month alone, Novo Nordisk (NOV: N) has entered into a multi-year collaboration with Massachusetts, USA-based Photys Therapeutics to develop novel proximity-based therapeutics for a cardiometabolic disease target.
The Danish diabetes and obesity giant has been making a concerted push to bolster its pipeline beyond GLP-1 stalwarts Ozempic and Wegovy, both based on semaglutide, branching out into other cardiometabolic conditions like metabolic dysfunction-associated steatohepatitis (MASH) and chronic kidney disease (CKD).
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