China News

71 readers

12 users here now

A community for china news

founded 1 month ago

MODERATORS

rss@news.abolish.capital

Salamence@lemmy.zip

RedWizard@news.abolish.capital

China’s Fosun Pharma unit strikes US$2.1 billion obesity drug deal with Pfizer (www.scmp.com)

submitted 3 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

0 comments fedilink hide all child comments

US pharmaceutical behemoth Pfizer has agreed to pay up to US$2.1 billion to Shanghai-based Fosun Pharma’s unit Yao Pharma for an experimental oral obesity drug, underscoring the growing trend of Chinese drug makers selling early-stage assets to global multinationals. Under the licensing agreement, Yao Pharma would grant Pfizer an exclusive worldwide licence for the development, use, manufacturing and commercialisation of oral small-molecule drugs known as GLP-1 receptor agonists, including...

From China - South China Morning Post via This RSS Feed.

no comments (yet)

sorted by: hot top controversial new old

there doesn't seem to be anything here