STORY CONTINUES BELOW THESE SALTWIRE VIDEOSCOPENHAGEN - Novo Holdings, the controlling shareholder in drugmaker Novo Nordisk, on Thursday said it had closed its acquisition of biopharmaceutical company Paratek Pharmaceuticals in a deal valued at $462 million.
The acquisition of Paratek Pharmaceuticals, which was announced in early June, is Novo Holdings' largest individual investment in antimicrobial resistance therapies to date, it said in a statement. Novo Holdings, which controls 76% of the votes in Denmark's Novo Nordisk last week announced a major investment in a new energy transition fund, as it is looking to expand its portfolio beyond health.
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