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Novo Nordisk Invests $600M in NanoVation's Genetic Medicine Innovation

Rashmi P R | 26 Sep, 2024

Novo Nordisk has taken a significant step in advancing genetic medicines by partnering with NanoVation Therapeutics in a deal valued at up to $600 million. This collaboration highlights the pharmaceutical giant's focus on leveraging NanoVation’s lipid nanoparticle (LNP) technology to develop innovative treatments for rare genetic diseases and potentially cardiometabolic disorders.

The deal gives Novo Nordisk access to NanoVation's long-circulating LNP technology, which extends the systemic circulation of nanoparticles to enable the targeted delivery of therapies beyond the liver. By altering the lipid composition, NanoVation’s platform can deliver genetic medicines to tissues like bone marrow, tumors, and skin—areas that are traditionally harder to reach. This capability opens up new possibilities for developing therapies for a broader range of conditions.

For Novo Nordisk, this partnership marks a strategic move beyond its traditional strengths in peptides and proteins. The company has been gradually expanding its pipeline to include small molecules, RNAi therapies, and gene editing technologies. With this latest venture, Novo aims to explore two base-editing therapies for rare genetic diseases, with the potential to add five additional targets focusing on rare and cardiometabolic diseases. This reflects a broader trend in the pharmaceutical industry where gene therapies are increasingly considered for both rare diseases and larger, more common conditions.

NanoVation's innovations could have a transformative impact on how genetic therapies are delivered, particularly in fields that demand precise targeting and minimal off-target effects. This partnership allows Novo Nordisk to “test and learn” in the rare disease space, as stated by Martin Lange, M.D., Ph.D., Novo’s executive vice president of development, with the possibility of expanding to broader indications like cardiometabolic diseases.

This collaboration is crucial for the continued evolution of genetic medicine, enabling both companies to push the boundaries of drug delivery technology and potentially offering new treatment options for patients with previously difficult-to-treat conditions.