Another NASH-related deal in Europe, worth up to $415 million for misfolded protein expert
Belgian misfolded protein specialist reMYND and diabetes giant Novo Nordisk (NOV: N) have agreed a licensing deal regarding the former’s ReS39 therapy program.
The candidate has the potential to sustain and increase endogenous insulin production by restoring beta-cell function and insulin signalling.
While the mechanism of action has applications in diabetes, it could also yield therapies against non-alcoholic steatotic hepatitis (NASH).
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