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Pfizer gets obesity drug approval in China shortly after buying local rights

Pfizer was a late arrival to the obesity gold rush, but it just hit its first seam.

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Pfizer was a late arrival to the obesity gold rush, but it just hit its first seam.

The GLP-1 shot, licensed from Hangzhou-based drugmaker Sciwind Biosciences just a little over a week ago, was approved in China for weight management, Sciwind said Friday, making it Pfizer’s first approved obesity medicine.

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