Amneal, Metsera Enter Collaboration Agreement To Enable Efficient Development And Large-scale Supply Of Portfolio Of New Weight Loss Medicines Globally
Portfolio Pulse from Benzinga Newsdesk
Amneal and Metsera have entered a collaboration to develop and supply new weight loss medicines globally. Amneal will be Metsera's preferred supply partner in developed markets and will commercialize products in select emerging markets. Amneal plans to build two new manufacturing facilities in India.
October 01, 2024 | 10:02 am
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Amneal has partnered with Metsera to develop and supply weight loss medicines globally. Amneal will build new manufacturing facilities in India, costing $150-200 million over 4-5 years.
The partnership with Metsera positions Amneal to expand its product offerings in the weight loss and metabolic disease market, potentially increasing revenue. The investment in new facilities indicates a commitment to scaling production, which could lead to long-term growth.
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