AstraZeneca strikes $4.7bn China deal to boost weight-loss drugs pipeline
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AI-PoweredAstraZeneca has secured a $4.7 billion deal in China to enhance its portfolio of weight-loss drugs, marking a significant expansion into the rapidly growing Chinese market. This move is expected to bolster the company's pipeline and increase its competitiveness in the global pharmaceutical industry. The deal underscores AstraZeneca's strategic efforts to tap into emerging markets and capitalize on growing demand for healthcare solutions.
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Drugmaker expands push into fast-growing market
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