MedWatch

Dicerna pushed up price and contacted other suitors before making deal with Novo Nordisk

Novo Nordisk wasn't alone in expressing interest in acquiring biotech business Dicerna, but after a bidding war, the Danish pharmaceutical company's offer was the most economically attractive, documents reveal.

Photo: Valdemar Ren

When the hammer came down, Novo Nordisk's final bid for US-based Dicerna far exceeded its initial offer.

This is evident in documents publicized Wednesday evening, revealing the internal negotiations between the two companies, which also involved other would-be suitors.

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