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News 2026-09-30 10:58 UTC

Pharma giant Novo licenses Chinese weight-loss drug

Novo’s agreement with Hengrui Pharma, which struck an even bigger deal with GSK last year, highlights the rapid advances in China’s cutting-edge biotech sector. Danish pharma giant Novo licensed a weight-loss treatment developed by a Chinese firm, highlighting advances in China’s increasingly cutting-edge biotech secto