Denmark’s Novo Nordisk (NOV: N) and Valo Health today announced they have entered into an expanded agreement to discover and develop novel treatments for obesity, type 2 diabetes, and cardiovascular disease based on Valo’s extensive human dataset and computation powered by artificial intelligence (AI).
The companies originally linked up in September 2023 in deal that allowed for the development of up to 11 drug programs, primarily focused on cardiovascular disease, through which Valo was eligible to receive up to $2.7 billion in milestone payments, plus R&D funding and potential royalty payments.
The expanded collaboration will continue to leverage the capabilities of Valo’s Opal Computational Platform, as well as key joint capabilities in human data and genetics with Novo Nordisk’s expertise in cardiometabolic diseases.
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