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PegBio Co., Ltd. Class H ( (HK:2565) ) has provided an update.
PegBio Co., Ltd. has announced a strategic partnership with PDC FZ-LLC to grant an exclusive license for its product, Visepegenatide (PB-119), in the Middle East and Africa. This collaboration aims to leverage PDC’s regional expertise to accelerate the market entry and commercialization of PB-119, a GLP-1 agonist for diabetes and obesity treatment, in a region with significant unmet medical needs. The partnership is a key milestone in PegBio’s global commercialization strategy and highlights the company’s competitive position in the metabolic disease sector.
More about PegBio Co., Ltd. Class H
PegBio Co., Ltd. is a joint stock company incorporated in China, focusing on the development of innovative treatments for metabolic diseases, particularly Type II Diabetes Mellitus and Obesity Management. The company is known for its proprietary research and development capabilities and its strategic focus on expanding its global footprint.
Average Trading Volume: 539,355
Technical Sentiment Signal: Strong Buy
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