Cardiovascular is one of the areas Novo Nordisk plans to establish its presence by 2025, as per the company’s Q4 2023 quarterly report. Image Credit: Maurice NORBERT / Shutterstock.

Novo Nordisk has agreed to acquire Germany-based Cardior Pharmaceuticals for up to €1bn ($1.1bn) to expand its cardiovascular pipeline. The deal is expected to close in Q2 2024.

Cardior’s lead candidate is a Phase II heart failure candidate, CDR132L. The therapy is an antisense oligonucleotide, which selectively blocks abnormal levels of the microRNA molecule, miR-132. miR-132 plays a part in cardiac processes, as it is overexpressed in patients with heart failure.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

CDR132L is being evaluated in a placebo-controlled Phase II trial (NCT05350969) in 280 patients with left-sided heart failure following myocardial infarction. The trial is expected to conclude in March 2025, as per ClinicalTrial.Gov. Novo plans to expand CDR132L’s indication and investigate the therapy in a Phase II trial in chronic heart failure patients with cardiac hypertrophy.

Novo has had recent success in cardiovascular indication with its blockbuster weight loss therapy, Wegovy (semaglutide). Earlier this month, the US Food and Drug Administration (FDA) approved Wegovy to reduce the risk of cardiovascular death, heart attack and stroke in obese or overweight adults with cardiovascular disease.

The company has invested in expanding its cardiovascular portfolio through multiple deals in recent months. Last month, Novo signed a $1.46bn deal with US-based biotech Neomorph to discover and develop multiple ‘molecular glue’ protein degraders for cardiometabolic disorders and rare diseases. According to the agreement, Neomorph will be responsible for the discovery and preclinical research while Novo will have exclusive rights to further clinical development and commercialisation.

In July 2023, Novo signed a research partnership with Eleven Therapeutics to identify novel nucleic acid molecules to treat cardiometabolic diseases by leveraging the latter’s DELiveri platform. DELiveri uses DNA-encoded libraries (DELs), along with machine learning and AI technologies to identify conjugates that can transport therapeutic molecules.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Apart from the investment in diabetes and weight loss, Novo also plans to establish its presence in emerging disease areas, such as metabolic dysfunction-associated steatohepatitis (MASH) and chronic kidney disease. Last month, the Danish pharmaceutical partnered with Cellarity to discover and develop therapies for MASH.