Five months after its lead drug Betalutin failed for follicular lymphoma, Nordic Nanovector has secured its future by teaming up with Trondheim-based APIM and gained access to its mid-stage investigational therapy for ovarian cancer, sarcoma and glioblastoma.
Nordic Nanovector thrown a lifeline • Source: Shutterstock
Having weighed up 25 possible M&A opportunities, troubled Nordic Nanovector ASA has been explaining why it decided to plump for a merger with fellow Norway-headquartered biotech APIM Therapeutics AS .
Nordic Nanovector's woes began in July with the discontinuation of the Phase IIb PARADIGME trial in July that was evaluating...
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