Novo Nordisk and Flagship Pioneering Enter Collaboration to Create Portfolio of Transformational Medicines
May 10, 2022
Flagship Pioneering and Novo Nordisk entered a collaboration to create a portfolio of novel research programs to develop transformational medicines.
The companies will explore opportunities to apply Flagship’s innovative bioplatforms—an innovative ecosystem that currently comprises 41 companies—to scientific challenges within cardiometabolic and rare diseases and initiate research programs based on these areas.
The partners say this novel approach to collaboration leverages the technology platforms of multiple biotech companies to create a portfolio of medicines across several disease areas.
“This is a new and innovative way of collaborating, which combines the strength of Flagship Pioneering’s bioplatforms with Novo Nordisk’s cardiometabolic and rare disease expertise,” said Marcus Schindler, professor, executive vice president, and chief scientific officer of Novo Nordisk.
Novo Nordisk will provide funding for initiated research programs and have an exclusive option to license each program. The ambition is to initiate three to five research programs within the first three years of the collaboration.
“We enter into this collaboration with Novo Nordisk with a shared vision of creating transformational medicines in disease areas where there continue to be significant needs,” said Paul Biondi, president, Pioneering Medicines, and executive partner of Flagship Pioneering. “This strategic partnership demonstrates the unique advantages of our Pioneering Medicines model in which we bring together complementary capabilities and expertise from multiple companies to deliver life-changing medicines to patients.”
Through the collaboration, Flagship’s Pioneering Medicines and the Novo Nordisk Bio Innovation Hub will jointly select the most promising product concepts and conduct research programs.
Pioneering Medicines is a strategic initiative within Flagship Pioneering that is dedicated to conceiving and developing a broad portfolio of life-changing treatments by leveraging and expanding the use of Flagship’s innovations.
The Novo Nordisk Bio Innovation Hub is a cross-functional R&D team within Novo Nordisk based in Cambridge, Massachusetts, with an ambition to establish and drive an externally anchored portfolio of co-created breakthrough therapeutic concepts and technologies and delivery projects.
Author: Rare Daily Staff
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