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Big pharma AstraZeneca partners with Hong Kong’s CSPC to develop next-gen weight management drugs worldwide. Managing your weight is possible without complicated schedules, multiple pills or daily injections. That’s the vision British-Swedish pharma giant AstraZeneca is chasing with its latest move: a massive $18.5 billion licensing deal with Hong Kong-based CSPC Pharmaceutical Group to develop and commercialize cutting-edge obesity drugs outside China, Hong Kong, Macao and Taiwan [1]. The core of the deal is SYH2082, an injectable drug candidate that’s ready for clinical trials, along with several other programs designed to make weight loss more consistent, effective and patient-friendly. AstraZeneca is paying $1.2 billion upfront, with the potential for another $17.3 billion if the treatments hit development and sales milestones. “This strategic collaboration advances our weight management portfolio by delivering novel assets which complement our existing programmes,” said Sharon Barr, PhD, AstraZeneca’s head of biopharmaceuticals R&D [1]. “It will provide access to CSPC’s proprietary AI-enabled peptide capabilities and platform technology, which have the potential to transform the treatment of obesity.” Obesity isn’t just about fitting into your favorite jeans. It’s a silent contributor to conditions that shave years off our lives, like type 2 diabetes, heart disease and certain chronic…
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Whatfinger Longevity Vid Collection
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