Novo Nordisk Adds More Weight to Its Weight Loss Portfolio With Inversago $1B Acquisition
Portfolio Pulse from Vandana Singh
Novo Nordisk (NYSE:NVO) has agreed to acquire Inversago Pharma, a specialist in metabolic disorders, for up to $1.075 billion. The acquisition comes as Novo Nordisk reported a 157% growth in obesity sales in H1 2021. Inversago's lead development asset, INV-202, demonstrated weight loss potential in phase 1b trials and is currently in phase 2 trials for diabetic kidney disease. Novo Nordisk plans to investigate INV-202's potential for obesity and related complications.
August 10, 2023 | 1:48 pm
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Novo Nordisk's acquisition of Inversago Pharma could potentially strengthen its weight loss portfolio. The company's obesity sales have grown significantly, and the addition of INV-202 could further boost this growth.
The acquisition of Inversago Pharma, a company specializing in metabolic disorders, aligns with Novo Nordisk's focus on obesity treatments. The addition of INV-202, which has shown weight loss potential in trials, could potentially enhance Novo Nordisk's product portfolio and drive further growth in its obesity sales.
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