This is a Hansoh news story, published by CNBC, that relates primarily to Merck news.
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Chinese drugmaker Hansoh PharmaCNBC
•85% Informative
Merck will pay Hansoh $112 million upfront for rights to the drug, with the potential for an additional $1.9 billion in milestone payments and royalties on sales.
The oral drug has not yet entered human trials, and Merck did not specify which diseases it plans to test the drug on first .
Several other drugmakers, including Pfizer and Roche , are racing to develop more convenient obesity pills.
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