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Roche buys Danish biotech's obesity drug for $5.3 billion, entering a competitive market.
Roche, a Swiss pharmaceutical company, has agreed to a $5.3 billion deal with Danish biotech Zealand Pharma to develop and commercialize an obesity drug called petrelintide.
Zealand Pharma receives an upfront payment of $1.65 billion, with potential for additional milestone payments.
The deal aims to expand into the growing obesity drug market, impacting competitors like Novo Nordisk and Eli Lilly.
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Roche compra el fármaco danés para la obesidad por $5.300 millones, entrando en un mercado competitivo.