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Novo Nordisk Offers €2.6bn For Ablynx

 
• By Eleanor Malone

Danish diabetes drug specialist Novo Nordisk has offered €2.6bn in cash to acquire Ablynx. The Belgian firm is playing hard to get: this is the second offer from Novo but it is still refusing to talk.

Novo Nordisk AS has revealed that it has made two offers to acquire Ablynx NV, the Belgian antibody fragment specialist with a drug on the verge of approval for the rare blood condition thrombotic thrombocytopenic purpura (aTTP). The first was made on Dec. 6, 2017, and the second, 14% higher at €2.6bn in cash, on Dec. 22. It said the Belgian firm had "declined to engage in any discussions, despite the proposals which have been put forward."

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