Pharmaceutical company
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Licensor of HRS-1596; China's largest drugmaker by market value
Novo Nordisk will pay China's Hengrui Pharma $300 million upfront to license an experimental weight-loss pill designed for once-weekly use. The deal, which could reach $2.6 billion with milestone payments, gives Novo exclusive rights to HRS-1596 outside Greater China.
Updated 1 hour ago
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