Ginkgo Bioworks expands collaboration with Novo Nordisk
Cell programming specialist Ginkgo Bioworks (NYSE: DNA) today announced the expansion of its strategic partnership with Denmark’s Novo Nordisk (NOV: N) under a framework agreement that initially is contemplated to run over five years.
Ginkgo says the companies have created a flexible and scalable new model for their R&D partnership. Together, the partners aim to improve the manufacturing of Novo Nordisk's medicines for serious chronic diseases, including diabetes and obesity medications.
The companies also plan to collaborate on several early pipeline projects, further technology exploration, and engineering of scalable manufacturing solutions across Novo Nordisk's portfolio. No financial terms on the collaboration have been disclosed.
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