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Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall. - MarketWatch

1. Roche partners with Zealand Pharma for a $5.3 billion weight-loss drug deal. 2. Petrelintide, a weekly injection, targets better tolerability compared to existing drugs. 3. Zealand Pharma shares surged 29% in response to the deal announcement. 4. Analysts view Roche as a beneficial partner for Zealand Pharma's ambitions. 5. Potential drug launch timeframe estimated around 2029.

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FAQ

Why Bullish?

The significant investment by Roche validates petrelintide's potential, boosting ZEAL's stock value historically in similar partnerships.

How important is it?

The licensing agreement is a major catalyst for ZEAL, suggesting a strong likelihood of positive price movements.

Why Long Term?

The importance of launching petrelintide by 2029 indicates sustained impact on ZEAL over the next years.

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