Novo Nordisk licenses Hengrui oral GLP-1/GIP drug HRS-1596
Novo Nordisk will pay $300M upfront for exclusive rights to HRS-1596 outside mainland China, Hong Kong, Macao and Taiwan, in a deal valued up to $2.6B. The phase 1-ready dual GLP-1/GIP agonist targets weight management and type 2 diabetes, with potential once-weekly oral dosing. Additional milestone and sales payments