GLP-1 weight-loss drug, whose full name is Glucagon-like peptide-1 receptor agonist. Initially, GLP-1 was a hormone secreted by the gastrointestinal tract mainly used for treating diabetes, but it has also been used to suppress appetite and control weight.
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Novo-Nordisk A/S has acquired the licensing of a new weight loss drug from a Guangdong pharmaceutical factory, targeting the strength of Innovative Drugs in China.
① Due to the next-generation weight loss drug CagriSema's experimental data failing to convince the market, Novo-Nordisk A/S's stock price has halved in the past year; ② Novo-Nordisk A/S announced on Monday a deal to acquire the overseas rights to China's Innovative Drugs UBT251 for up to 2 billion USD; ③ Analysts expect UBT251 to show data comparable to Eli Lilly and Co's next-generation weight loss drug Retatrutide.
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104931295 : thanks for the insights. i was about to buy at 75 yesterday but decided not to. will wait a bit longer and closely watch the movement