Biotech Values

[DewDiligence]

PFE acquires small-molecule GLP-1 from China’s Fosun Pharma:

https://www.businesswire.com/news/home/20251209536063/en/Pfizer-Enters-into-Exclusive-Collaboration-and-License-Agreement-with-YaoPharma

Under the terms of the agreement, YaoPharma [a wholly owned subsidiary of Fosun Pharma] will complete an ongoing YP05002 Phase 1 clinical trial and grants Pfizer an exclusive license to further develop, manufacture and commercialize YP05002 worldwide.

YaoPharma will receive an upfront payment of $150 million and is eligible to receive milestone payments associated with certain development, regulatory and commercial milestones up to $1.935 billion, as well as tiered royalties on sales, if approved.

Pfizer plans to conduct combination studies of YP05002 with its glucose-dependent insulinotropic polypeptide receptor (GIPR) antagonist PF-07976016 currently in Phase 2 development and with other small molecules in its pipeline.