STAT+: Roche to acquire obesity-focused Carmot Therapeutics for $2.7 billion
STAT
DECEMBER 3, 2023
LONDON — The booming obesity market is attracting another player, as pharma giant Roche said Monday it was acquiring Carmot Therapeutics and the company’s line of weight loss drug candidates for $2.7 billion upfront. The deal for Carmot, which is based in Berkeley, Calif., includes additional milestone payments of up to $400 million.
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