AstraZeneca seals $1.92 billion licensing deal with Hong Kong’s CSPC

AstraZeneca seals $1.92 billion licensing deal with Hong Kong’s CSPC
AstraZeneca seals $1.92 billion licensing deal with Hong Kong’s CSPC

AstraZeneca has inked a high-stakes deal with Hong Kong-listed pharmaceutical company CSPC to get into an exclusive license agreement that is worth over $1.92 billion!

On Monday, October 7, the British-Swedish pharmaceutical company announced that it has entered an exclusive partnership to boost the Anglo-Swedish drugmaker’s cardiovascular portfolio.

Along with this major milestone and royalty payment, the CSPC pharmaceutical Group Ltd. will also get an advance payment of $100 million as a part of the deal.

According to AstraZeneca, CSPC is going to develop “an early-stage, novel small molecule Lipoprotein (a) disruptor, which could offer benefits to patients with high levels of "bad cholesterol,” reported Reuters.

This deal will give AstraZeneca access to CSPC’s pre-clinical candidate small molecule, YS2302018, which is an oral Lp(a) disruptor. Lp(a), which is a form of low-density lipoprotein, helps in transporting cholesterol in the blood streams.

“The asset could help address the major risk factors driving chronic cardiovascular diseases, alone or in combination with other drugs, including AstraZeneca's oral small molecule PCSK9 inhibitor AZD0780,” said the company’s statement as per the outlet.

According to the Vice President and Head of AstraZeneca Sharon Barr, “This asset is an important addition to our cardiovascular pipeline and could help patients to more effectively manage their dyslipidaemia and related cardiometabolic diseases.”

Read more : Health

New Covid strain takes over UK with unique symptoms

New Covid strain takes over UK with unique symptoms
Stratus consists of two strains, XFG and XFG.2, which constitute up to 30% of cases across the UK

THESE common meds do not cause inflammatory bowel disease, study

THESE common meds do not cause inflammatory bowel disease, study
Medicines including NSAIDs like aspirin and ibuprofen, ACE inhibitors, aren’t linked to a higher risk of microscopic colitis

Juice, smoothies and soft drinks can dehydrate you in hot weather, say experts

Juice, smoothies and soft drinks can dehydrate you in hot weather, say experts
Alcohol should also be avoided in hot weather as it causes the body to lose water which often leads to dehydration

Excessive screen time linked to delayed learning in children, study

Excessive screen time linked to delayed learning in children, study
Experts warn too much screen time may hinder language development in young children

Chickpeas show surprising power to cut cholesterol levels in new study

Chickpeas show surprising power to cut cholesterol levels in new study
Those who ate chickpeas everyday showed a major improvement in their cholesterol levels

Air pollution fuels lung cancer in non-smokers, study

Air pollution fuels lung cancer in non-smokers, study
Air Pollution could drive lung cancer mutations in people with little to no history of smoking

15-minute workouts to rapidly lose weight

15-minute workouts to rapidly lose weight
Discover a few effective 15-minute workouts that are scientifically proven to rapidly help reduce fat

Measles outbreak spreads to Kentucky as US case tally reaches 1,267 this year

Measles outbreak spreads to Kentucky as US case tally reaches 1,267 this year
Health officials urge all parents to have their children vaccinated to ensure protection from measles

Hearing aids associated with improved mental well-being and social connection

Hearing aids associated with improved mental well-being and social connection
Improved engagement may support cognitive health, as social isolation has been associated with cognitive issues

FDA recalls hundreds of blueberries boxes over possible Listeria contamination

FDA recalls hundreds of blueberries boxes over possible Listeria contamination
Listeria is a kind of bacteria that may lead to a foodborne illness called listeriosis

Signs your skin shows about your overall health

Signs your skin shows about your overall health
Find out a few signs that your skin shows bout your internal health

Can dairy items turn your dreams into nightmares?

Can dairy items turn your dreams into nightmares?
Participants who frequently experience digestive symptoms from eating dairy also reported more nightmares