Novo Nordisk to acquire Germany's Cardior Pharmaceuticals for EUR 1 billion

Cardior is engaged in the discovery and development of RNA-based drugs for the treatment of heart disease.

The deal will consist of a upfront cash payment and further payments if certain development and commercial milestones are achieved | Photo: Tom Little/Reuters/Ritzau Scanpix

Novo Nordisk is taking a German biotech company under its wing.

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Analysts on Novo Nordisk's new acquisition: Consistent with strategy
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