Bristol-Myers Squibb nabs exclusive license for autoimmune diseases discovery research program from Novo Nordisk

|About: Bristol-Myers Squibb C... (BMY)|By:, SA News Editor

Bristol-Myers Squibb (NYSE:BMY) acquires an exclusive global license to a discovery biologics research program from Novo Nordisk (NYSE:NVO) focused on modulating the innate immune system as a therapy for autoimmune diseases. Terms of the agreement are not disclosed.

The innate immune system, or nonspecific immune system, is the body's first line of defense against pathogens. Cells of the innate immune system recognize and respond to pathogens in a generic way to provide immediate defense against infection.

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