Novo Nordisk transfers Parkinson's cell therapy to Cellular Intelligence, which is backed by Zuckerberg.

Novo Nordisk transfers Parkinson's cell therapy to Cellular Intelligence, which is backed by Zuckerberg.

      Novo will acquire an equity stake in Cellular Intelligence and is set to receive future milestone payments and royalties. The startup aims to use its AI platform on STEM-PD, a stem-cell-derived treatment that Novo halted last October.

      Novo Nordisk has transferred STEM-PD, an experimental stem-cell therapy for Parkinson’s disease, to Cellular Intelligence, an AI biotech company backed by Mark Zuckerberg, as announced on Monday.

      The financial details were not revealed. Novo will obtain an equity share in the startup and is eligible for future milestone payments and royalties. The therapy was discontinued last October when Novo closed its cell-therapy division during a comprehensive restructuring.

      STEM-PD is an allogeneic, stem-cell-derived treatment intended to replace dopamine-producing nerve cells that are lost in Parkinson’s disease. This treatment had been in early clinical development at Novo prior to the unit’s closure.

      Cellular Intelligence plans to employ its proprietary AI platform to expedite the program, scale up manufacturing, and reduce production costs.

      The company has raised over $60 million from investors, including Khosla Ventures and the Chan Zuckerberg Initiative, which is the philanthropic effort of Zuckerberg and Priscilla Chan.

      This agreement continues a trend of significant investment in AI-driven biology by CZI in recent months.

      For Novo, this deal addresses one of the unresolved issues stemming from last October’s restructuring, which focused on enhancing the company’s obesity and diabetes programs following a surge in demand for Wegovy and Ozempic that exceeded supply.

      The cell-therapy unit was primarily engaged in early-stage research rather than commercial activities; its closure allowed for the reallocation of engineering and manufacturing resources towards GLP-1 production.

      Last week, Novo reported that Wegovy comprised 65% of new prescriptions in the U.S. and that obesity-care sales increased by 22% on a constant-currency basis.

      For Cellular Intelligence, this deal provides a clinical-stage asset to strengthen its AI platform proposition. STEM-PD is well-characterized, having undergone preliminary clinical and preclinical development through Novo’s earlier investment.

      The startup's pitch to investors will now merge an in-development therapy with the claims of cost and speed associated with its AI platform.

      There is currently no timeline disclosed for the next clinical milestone. Cellular Intelligence has not indicated when it plans to submit an IND amendment or which dose-finding work will be continued from Novo’s previous program.

      Parkinson’s disease affects approximately 10 million individuals globally. Research groups have sought treatments to replace lost dopamine-producing cells for decades; Cellular Intelligence believes that AI-assisted manufacturing and dose selection could render such a treatment commercially viable within a timeframe that conventional cell-therapy programs have struggled to achieve.

      The companies did not clarify whether Novo’s equity stake grants it observer rights, IP back-licensing, or any operational involvement at Cellular Intelligence. The deal takes effect immediately.

Other articles

Santa Clara County is suing Meta regarding fraudulent advertisements on Facebook and Instagram. Santa Clara County is suing Meta regarding fraudulent advertisements on Facebook and Instagram. Santa Clara County has filed a lawsuit against Meta regarding fraudulent advertisements on Facebook and Instagram, claiming annual revenue of up to $7 billion. Shein claims that Temu is engaged in large-scale copyright infringement. Shein claims that Temu is engaged in large-scale copyright infringement. Shein has claimed that Temu has replicated approximately 2,300 product images on a large scale as a two-week trial commenced at London's High Court. Novo Nordisk transfers Parkinson's cell therapy to Cellular Intelligence, which is supported by Zuckerberg. Novo Nordisk transfers Parkinson's cell therapy to Cellular Intelligence, which is supported by Zuckerberg. Novo Nordisk has transferred STEM-PD, an unused cell therapy for Parkinson's, to the AI biotechnology company Cellular Intelligence in exchange for equity and certain milestones. A Samsung leak indicates that the company is still committed to developing tri-fold phones. A Samsung leak indicates that the company is still committed to developing tri-fold phones. A recent leak based on a Samsung patent reveals a potential design for the Galaxy Z TriFold 2, featuring a slot for the S Pen integrated into the hinge area. The creators of security-focused GrapheneOS are calling out the tactics used by Google and Apple. The creators of security-focused GrapheneOS are calling out the tactics used by Google and Apple. Google's reCAPTCHA is experimenting with a system that asks you to scan a QR code using an Apple or Google-certified device. Here's why this is more significant than it appears. It seems that Nintendo has stopped a method for accessing YouTube on the Switch 2. It seems that Nintendo has stopped a method for accessing YouTube on the Switch 2. Switch 2 users discovered a smart way to access YouTube using a concealed browser. Nintendo managed to block this method within hours, despite the absence of an official streaming app almost a year after the launch.

Novo Nordisk transfers Parkinson's cell therapy to Cellular Intelligence, which is backed by Zuckerberg.

Novo Nordisk has transferred its Parkinson's cell therapy, STEM-PD, which was previously on hold, to the AI biotech company Cellular Intelligence in exchange for equity and milestone payments.