Zealand Pharma to earn up to $39 million in deal with Novo Nordisk
Danish companies Zealand Pharma (Nasdaq: ZEAL) and Novo Nordisk (NOV: N) have announced a deal.
Zealand, a biotech focused on the discovery and development of innovative peptide-based medicines, has entered into a global license and development agreement with the diabetes giant to commercialize Zegalogue (dasiglucagon) for injection.
Zegalogue is approved by the US Food and Drug Administration (FDA) for the treatment of severe hypoglycemia in pediatric and adult patients with diabetes.
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