Biophytis Is Deploying Its Partnership Strategy In Obesity
Portfolio Pulse from Benzinga Newsdesk
Biophytis SA, a clinical-stage biotech company, is implementing a strategy to find partners for its obesity drug, BIO101, currently in phase 2 development. The company aims to license out BIO101 for co-development and commercialization, targeting the high-prevalence obesity markets in the USA, China, and Brazil. Biophytis will attend the BIO US conference in San Diego to advance this strategy, emphasizing the need for collaboration to address the obesity challenge.
April 29, 2024 | 1:12 pm
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Biophytis SA is actively seeking partners to license and co-develop its phase 2 obesity drug, BIO101, with a focus on major markets including the USA, China, and Brazil.
Biophytis' strategy to find partners for BIO101 indicates a proactive approach to advancing its clinical development and commercialization, particularly in high-prevalence obesity markets. This could lead to increased investor interest and potentially positive stock price movement in the short term, as partnerships in the pharmaceutical industry often result in increased resources and expertise for development and marketing.
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