Merck scoops up a PhII J&J discard in a bargain-basement deal. And this time they’re shooting at NASH
When J&J turned to South Korea’s Hanmi for a GLP-1/glucagon dual receptor agonist obesity drug, the pharma giant paid $105 million in a cash upfront for the licensing rights and plotted a big clinical trial program to test it. A year ago, like a few of Hanmi’s big partners, J&J reviewed their trial data and walked away, handing it back.
Now Merck is stepping up to grab it for their NASH pipeline — and they got it a lot cheaper than J&J.
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