Novo hands diabetes assets to Aspect amid cell therapy retreat
Novo Nordisk has offloaded its diabetes-related cell therapy assets to Aspect Biosystems following its decision to exit the cell therapy modality. The deal allows Aspect to acquire rights to Novo's stem-cell-derived islet cell and hypoimmune cell engineering technologies, with Novo providing funding and retaining options for future commercialization and royalties. This move follows Novo's retreat from cell therapies, including a Type 1 diabetes program, while its Parkinson's disease and chronic heart failure programs still await new homes.
https://www.fiercebiotech.com/biotech/novo-nordisk-offloads-diabetes-assets-aspect-amid-cell-therapy-retreat