Replies to post #224609 on Biotech Values

[DewDiligence]

GILD, NVO ink NASH clinical-trial collaboration:

https://finance.yahoo.com/news/gilead-sciences-novo-nordisk-announce-080000276.html

Gilead Sciences and Novo Nordisk…today announced that the companies intend to collaborate on a clinical trial combining compounds from their respective pipelines in nonalcoholic steatohepatitis (NASH). The intended clinical trial will be a proof of concept study combining Novo Nordisk’s semaglutide (GLP-1 analogue) and Gilead’s cilofexor (FXR agonist) and firsocostat (ACC inhibitor) for the treatment of patients with NASH. The companies are also exploring the potential to collaborate on preclinical research to advance understanding of the disease.

Financial details were not disclosed.