Novo Nordisk A/S has been working to diversify outside of its core therapeutic areas in diabetes and obesity and announced on 1 September an agreement to buy Forma Therapeutics Inc. to forward that goal. The Danish pharmaceutical company will pay $1.1bn, or $20 per share, to buy Watertown, Mass-based Forma, gaining a mid-stage clinical candidate for sickle cell disease (SCD) and thalassemia.
Novo Nordisk’s Forma Buy Builds On Foothold In Rare Blood Disorders
Novo's head of rare disease Ludovic Helfgott talked to Scrip about the $1.1bn acquisition and expansion into sickle cell disease.
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