
May 11, 2026
Novo turns a Parkinson’s bet into a startup test
Novo Nordisk has transitioned its clinical-stage Parkinson's cell therapy, STEM-PD, to Cellular Intelligence, an AI-focused biotech supported by the Chan Zuckerberg Initiative. This strategic licensing deal illustrates a growing trend among pharmaceutical companies to offload non-core assets into specialized startups while maintaining a stake in their success through equity and potential royalties.By transferring STEM-PD, Novo Nordisk is not merely divesting a project but strategically managing









