AstraZeneca (GB:AZN) has released an update.
AstraZeneca has partnered with CSPC Pharmaceutical Group to develop a novel lipid-lowering therapy targeting Lipoprotein (a) as a new approach to combat dyslipidaemia and associated cardiovascular diseases. With a $100 million upfront payment and potential future milestones reaching $1.92 billion, AstraZeneca aims to bolster its cardiovascular drug portfolio and address the substantial unmet need in cardiometabolic health. The agreement promises to fast-track the development and potential commercialization of the new molecule, YS2302018, to provide a more effective treatment for patients worldwide.
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