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Pfizer’s Weight Management Drug Wins China Approval
Pfizer’s GLP-1 treatment, Xianweiying (ecnoglutide), has received approval in China for long-term weight management in overweight or obese adults. This move by Pfizer significantly bolsters its position in the rapidly expanding weight-loss drug market, introducing new competition. The drug is administered as a once-weekly injection and was previously approved in China for Type 2 diabetes.