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Novo Nordisk has agreed to acquire Forma Therapeutics, a biotech company focused on rare hematologic diseases and cancers, for $20 a share, or $1.1 billion. Novo will get Forma’s lead candidate, etavopivat, which is in a Phase 2/3 trial in patients with sickle cell disease. Forma, founded in 2007, was originally focused on a drug discovery platform based on the work of scientists at the Broad Institute of MIT and Harvard.
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