Novo notches up to $1.4B pact with Orbis to develop oral macrocycle cardiometabolic drugs

The multi-drug partnership with Orbis Medicines—which Novo has backed since the biotech’s seed rounds—is focused on cardiometabolic targets, but the technology at the center of the deal could deliver oral weight loss candidates. Obesity rival Eli Lilly has also helped fund Orbis.

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