Two drug companies have formed collaborations with leading U.K. universities. Novo Nordisk and the University of Oxford are joining to discover novel approaches for treating type 2 diabetes. As part of the agreement Novo will establish a research center at the university that will employ up to 100 scientists. The Danish firm expects to invest about $150 million in the initiative over 10 years. The partners say they seek cross-fertilization of ideas between academics and Novo researchers. Novo already funds 32 fellows at the university as a result of a 2013 pact. Separately, Heptares Therapeutics will fund efforts by Anthony Davenport’s group at the University of Cambridge to discover molecules that target the apelin receptor, a G protein-coupled receptor implicated in a range of cardiovascular diseases.