Pharma Deals Review, Vol 2024, No 2 (2024)

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Novo Nordisk Signs US$252.6 M Deal with EraCal to Boost Obesity Portfolio

Amit Kaushik

Abstract


In a groundbreaking move with the potential to revolutionise the treatment of obesity, Novo Nordisk has entered into a licensing agreement with EraCal Therapeutics to develop and commercialise a small molecule investigational obesity therapeutic to control appetite and body weight. The deal, that could be worth up to US$252.6 M (€235 M), combines EraCal’s cutting-edge technology-based asset with Novo’s commercialisation expertise and global distribution network. The deal boosts Novo’s existing obesity portfolio which is currently led by Wegovy.

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