Remynd secures licence agreement

Dec 15, 2017 •

Remynd could receive as much as $413m from healthcare firm Novo Nordisk if its ReS39 diabetes treatment is proven to be effective.

Remynd, a Germany-based medical research spinout from KU Leuven, has concluded a licence agreement with healthcare firm Novo Nordisk to develop its treatment for diabetes.

Remynd could receive as much as €350m ($413m) in research and milestone payments, as well as a royalty on any eventual sales.

The deal covers Remynd’s ReS39 diabetes treatment, which aims to induce greater insulin production within animals with type 1 and 2 diabetes. Diabetes is caused by insulin deficiency and impaired control of glucose…

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