AstraZeneca enters weight-loss market with oral GLP-1 drug

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AstraZeneca (AZN) is re-entering the weight loss drug market through a new partnership with China's Eccogene. The deal provides AstraZeneca with global...

) is re-entering the weight loss drug market through a new partnership with China's Eccogene. The deal provides AstraZeneca with global rights, excluding China, to develop and commercialize Eccogene's oral GLP-1 candidate for obesity management.

Under the terms, AstraZeneca will pay Eccogene $185 million upfront to license the drug, coming after AstraZeneca halted the development of two previous obesity medications this year due to disappointing trial results.What to eat for breakfast, lunch, dinner, and snacks to gain muscle or lose fat, according to a professional bodybuilding coach

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Factbox-Corporate America weighs business impact of new weight-loss drugsDrugs in a class known as GLP-1 such as Novo Nordisk's Wegovy and Ozempic as well as Eli Lilly's Mounjaro have been shown to help control blood sugar and...
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