AstraZeneca signs up to US$18.5 billion obesity drug deal with China’s CSPC
THE WHAT? AstraZeneca has agreed a major obesity-focused licensing deal with China’s CSPC Pharmaceutical Group, worth up to US$18.5 billion, as it accelerates its push into the fast-growing weight-loss market.
THE DETAILS Under the agreement, AstraZeneca will pay US$1.2 billion upfront for rights to eight obesity drug candidates, including four injectable therapies. The deal gives AstraZeneca ex-China rights to CSPC’s most advanced compound, SYH2082, which targets both GLP-1 and GIP hormones and is set to enter human trials.
AstraZeneca will also gain access to CSPC’s long-acting peptide technology, which could enable monthly dosing—seen as a key competitive advantage over current weekly injections. CSPC is eligible for up to US$3.5 billion in development and regulatory milestones and up to US$13.8 billion in sales-related payments.
THE WHY? The agreement strengthens AstraZeneca’s position in obesity and metabolic disease, as drugmakers race to develop more convenient and affordable alternatives to current GLP-1 therapies. Longer-acting treatments could address adherence challenges in the category, while the deal also reinforces AstraZeneca’s broader strategy to deepen its R&D and commercial footprint in China.
Source: Bloomberg
The post AstraZeneca signs up to US$18.5 billion obesity drug deal with China’s CSPC appeared first on Global Cosmetics News.
- News
- Art
- Cars and Vehicles
- Crafts
- Beauty
- Dance
- Dating
- Drinks
- Film
- Fitness
- Fishing and Hunting
- Food and Recipes
- Jogos
- Gardening
- Health
- Início
- Literature
- Lifestyle
- Local Business
- Music
- Marketing
- Networking
- Nature
- Outro
- Party
- Religion
- Shopping
- Sports
- Theater
- Tech
- Travel and Events
- Wellness
- Endereço Web