Novo Nordisk: acquisition of treatment for hypertension
(CercleFinance.com) - Novo Nordisk announces the acquisition of Ocedurenone for the treatment of uncontrolled hypertension from KBP Biosciences.
The transaction is worth up to US$1.3bn.
Ocedurenone is an oral, small-molecule, non-steroidal mineral-ocorticoid receptor antagonist (nsMRA) currently being investigated in the CLARION-CKD phase 3 trial in patients with uncontrolled hypertension and advanced chronic kidney disease (CKD).
Uncontrolled hypertension occurs when a person's blood pressure remains high despite taking two or more blood pressure-lowering treatments.
With its expected benefit-risk profile, okedurenone has best-in-class potential in the treatment of uncontrolled hypertension and could help address a major unmet medical need in people living with cardiovascular disease and chronic kidney disease, said Martin Holst Lange, Executive Vice President and Head of Development at Novo Nordisk.
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