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Healthy Returns: AbbVie is the newest potential weight loss drug market player
ABBVAbbVie(ABBV) CNBC·2025-03-04 19:59

A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.The booming weight loss drug market has gained a new potential competitor. AbbVie said on Monday that it will pay up to 2.2billiontodevelopDanishdrugmakerGubrasexperimentalobesitydrug,markingitslateforayintothesegment. Underthetermsofthedeal,thepharmaceuticalgiantwillpayGubra2.2 billion to develop Danish drugmaker Gubra's experimental obesity drug, marking its late foray into the segment. Under the terms of the deal, the pharmaceutical giant will pay Gubra 350 million upfront ...