OpGen Inc (OPGN): $OPGN $NVS Sandoz collaboration extended...

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Thursday, 04/21/2022 3:46:12 PM

Thursday, April 21, 2022 3:46:12 PM

$OPGN $NVS Sandoz collaboration extended to Jan 2025.

Sandoz (Novartis sub) CEO Richard Saynor: "As the world’s leading provider of generic antibiotics, our goal at Sandoz is to play a key role in overcoming this growing threat (AMR). This collaboration (with OpGen’s subsidiary Ares Genetics) is a key step towards that goal, allowing us to take the fight directly to AMR by using cutting-edge big data and AI approaches combined with traditional data sets."

OpGen’s subsidiary Ares Genetics provides update on collaboration agreement to drive cutting-edge digital solutions in global fight against antimicrobial resistance (AMR)
https://finance.yahoo.com/news/opgen-subsidiary-ares-genetics-provides-113000156.html

Novartis (NVS) Market cap: US$203.15 Billion as of April 2022.

Why would one of world's largest pharmaceutical firms form a key partnership with little OPGEN unless OPGEN had what Novartis needed?

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