GLP-1 medicines are reshaping diabetes and weight-loss care, driving a race for customers, capital and market share. The SANOR GLP-1 Market Monitor tracks the companies, deals and commercial developments shaping this market.
Revvity agreed to acquire Human Cell Design, adding human-relevant cell models used in diabetes, obesity and GLP-1 drug discovery. Financial terms were not disclosed.
Rose Pharma will use MannKind’s inhalation technology to develop an inhaled version of an experimental weight-loss drug. MannKind receives a stake in Rose Pharma and a share of potential future sales.
Investors led by BVF Partners are providing Superluminal with $60 million to advance an experimental obesity treatment. Lilly is participating as an investor in this funding round.
Gan & Lee developed bofanglutide; Menarini will seek approval and sell the medicine in 39 European countries if approved. Menarini will pay Gan & Lee €62 million initially for the exclusive rights.
Genentech, part of Roche, will pay Hanmi $190 million initially for rights to develop and sell Hanmi’s experimental obesity medicine outside South Korea. Further payments depend on progress and sales.
Investors will provide Poolbeg with £3.5 million in exchange for new shares. Poolbeg says the money will help fund trials of a GLP-1 obesity treatment taken by mouth and a separate cancer-support medicine.
Hims & Hers says it has bought Eucalyptus, adding an established digital healthcare business in several overseas markets. Payments for the acquisition can total up to $1.15 billion, subject to conditions and adjustments.