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Novo Nordisk Makes Long-Term Bet On GBM Technology With Ziylo Buy

 
• By Sten Stovall

Novo Nordisk has bought UK-based start-up Ziylo in hopes of accelerating development of glucose-responsive insulins, but admits any such products are at least ten years away.

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Novo Nordisk AIms To Develop Glucose Responsive Insulins. • Source: Shutterbox

Novo Nordisk AS says development of glucose responsive insulins is a key strategic goal and is underscoring that commitment by buying Ziylo Ltd, a move that gives the Danish diabetes specialist full rights to the university spin-out's early-stage synthetic glucose binding molecule technology.

The transaction is potentially worth more than $800m

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