Pfizer has secured exclusive rights to commercialize the obesity therapy ecnoglutide in China through a $495 million deal with Hangzhou Sciwind Bioscience Co. This move strengthens Pfizer’s position in the rapidly expanding weight loss market. Ecnoglutide is already approved in China for diabetes and is currently under regulatory review for obesity.
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Pfizer Secures China Rights to Obesity Drug in $495 Million Deal
Pfizer has secured exclusive rights to commercialize the obesity therapy ecnoglutide in China through a $495 million deal with Hangzhou Sciwind Bioscience Co. This move strengthens Pfizer’s position in the rapidly expanding weight loss market. Ecnoglutide is already approved in China for diabetes and is currently under regulatory review for obesity.