Novo Nordisk buys 2seventy bio’s hemophilia program

28 June 2024

US biotech 2seventy bio (Nasdaq: TSVT) yesterday announced the completion of an asset purchase agreement (APA) by Danish diabetes and obesity giant Novo Nordisk (NOV: V), with the news pushing its shares up 4.4% to $3.76 by close of trading.

Under the terms of the APA, Novo Nordisk has acquired the hemophilia A program and rights to 2seventy’s in vivo gene editing technology outside of oncology and gene editing for autologous or allogeneic cell therapies of immune cells for the treatment of autoimmune disease. The 2seventy bio team currently involved in the program will join Novo Nordisk and continue to advance the technology.

The program is based on the original research agreement, established in 2019, which focused on a gene editing therapy for people with hemophilia A.

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