Pfizer secures up to $1.5B for obesity drug development

Pfizer has reached a co-funding agreement with Blackstone Life Sciences that will provide up to $1.5 billion in development funding through 2028 for its investigational obesity drug berobenatide. Under the agreement, funds managed by Blackstone will cover development costs for berobenatide, a potential first-in-class monthly GLP-1 receptor agonist being studied for chronic weight management and […] The post Pfizer secures up to $1.5B for obesity drug development appeared first on Becker&#0...

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