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Swedish microcap Nanexa shares soar over 150% after striking $1.33 billion injectables deal with Novo Nordisk
The drug-delivery group will receive an upfront payment of $700 million and potential milestone payments for its PharmaShell technology. This technology will be used in Novo Nordisk's long-acting injectable drugs for obesity, type 2 diabetes, and other cardiometabolic issues.
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