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Re: DewDiligence post# 11407

Thursday, 09/18/2008 3:01:46 AM

Thursday, September 18, 2008 3:01:46 AM

Post# of 19309
How is Novo Nordisk preparing for NovoSeven patent expiration?

[Updated for Neose Technologies liquidation.]


NVO’s blockbuster rFVIIa drug, NovoSeven, goes off-patent in the US—its largest market—in 2011. NVO has a two-pronged approach to deal with this predicament:

1. A fast-acting FVIIa analog called NN1731, which is in phase-2:
http://seloken.com/secNewsItem/Variant-rFVIIa-more-active-than-NovoSeven.aspx . (Note that fast acting is not the same thing as short acting.)

2. A long-acting FVIIa analog called NN7128 based on pegylation technology from Neose Technologies, which has completed phase-1 (#msg-29710045). On 9/17/08, Neose announced a liquidation of the company and the sale of its NN7128 assets to NVO (#msg-32247019).

Clearly, both of these programs warrant close attention by GTC investors. However, these two drug candidates are FVIIa analogs, not FVIIa per se. Thus, they would seem to incur a higher regulatory risk than the FVIIa program from GTC and LFB.

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