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- AI health startup Ortet launches with $500M backing from former Genentech AI teamOrtet, a new health-technology company, announced its launch on Tuesday. The firm was founded by three former AI scientists and engineers who previously worked at Roche's Genentech division. Orte…
- Novo pays $300 million upfront to license Hengrui’s weekly oral GLP-1/GIP weight-loss drugNovo Nordisk announced a licensing agreement with Chinese drugmaker Hengrui for a preclinical weekly oral GLP-1/GIP receptor agonist aimed at weight loss. The deal involves an upfront payment of $…