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To strengthen its long-term position, Novo Nordisk has signed a licensing agreement up to $2 billion with United Laboratories International, a Chinese pharmaceutical company, for the rights to UBT251a triple-agonist drug targeting GLP-1, GIP, and glucagon receptors
Simplistically, GLP-1s like Ozempic or Mounjaro are appetite suppressants
The high prices also mean that not everyone who needs the drugs can get them
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