AbbVie Becomes Another Big Pharma To Enter Obesity Treatment Race
1. AbbVie partners with Gubra to develop GUB014295 for obesity. 2. GUB014295 targets amylin receptors for appetite control. 3. AbbVie will lead global development with $350M upfront and up to $1.875B in milestones. 4. Analysts see growing interest in amylin agonists as new obesity treatments. 5. The stock price increased 0.84%, reflecting positive investor sentiment.