Merck signs up to $2 bln obesity drug deal with Chinese biotech Hansoh

Reuters

2024/12/18

Dec 18 (Reuters) - U.S. drugmaker Merck MRK.N on Wednesday signed a deal worth up to $2 billion with Hansoh Pharmaceuticals 3692.HK to develop and commercialize the Chinese biotech's obesity drug.

(Reporting by Bhanvi Satija in Bengaluru; Editing by Krishna Chandra Eluri)

((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))

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