MedWatch

Abbvie takes over Novo Holdings portfolio company

Syndesi Therapeutics has been acquired by Abbvie in a USD 1bn deal.

Photo: PR / Novo Seeds

After four years of ownership, Novo Holdings has decided to sell Belgian portfolio company Syndesi Therapeutics to Abbvie.

The deal may total up to USD 1bn, with a USD 130m upfront payment.

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