Novo Nordisk hands Parkinson’s therapy to Zuckerberg-backed AI startup

Novo Nordisk hands Parkinson’s therapy to Zuckerberg-backed AI startup

Novo Nordisk has agreed to transfer rights of an experimental Parkinson’s therapy to Cellular Intelligence, a Mark Zuckerberg-backed AI startup, in a deal that includes milestone payments, royalties and a stake in the Boston-based firm.

Novo Nordisk has handed over an experimental Parkinson’s disease therapy to Cellular Intelligence, a Mark Zuckerberg-backed AI startup, in a bid to accelerate its development, according to Bloomberg.

The Boston-based startup will take charge of shepherding the early-stage treatment through clinical trials. In return, Novo — maker of obesity blockbuster Wegovy — stands to receive milestone payments and royalties if the programme succeeds.

As part of the agreement, the Danish drugmaker will also acquire a stake in Cellular Intelligence. No financial details were disclosed.

The deal signals a growing trend of major pharmaceutical companies partnering with AI-driven startups to speed up drug development, particularly for complex neurological conditions such as Parkinson’s disease.

READ MORE AT BLOOMBERG

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