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Innovent Wins China Nod For Obesity Drug Rivaling Novo, Lilly

Innovent Wins China Nod For Obesity Drug Rivaling Novo, Lilly

Bloomberg27-06-2025
China approved Innovent Biologics Inc.'s closely watched weight loss drug Friday, unleashing a potent homegrown competitor against foreign giants Novo Nordisk A/S and Eli Lilly & Co.
The drug, mazdutide, is approved for weight management among people who are either obese or overweight with at least one weight-related condition such as high blood sugar or high blood pressure, according to a statement from the National Medical Products Administration. Suzhou-based Innovent first licensed Greater China rights to mazdutide in 2019 from Eli Lilly, which is testing the drug outside of China.
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