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Late-stage (Phase 3) partnerships remain robust, with high-profile deals such as Regeneron and Hansohs $2 billion GLP-1/GIP agreement serving as benchmarks for valuation

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Furthermore, in January 2025, the FDA approved semaglutide (Ozempic ) for reducing the risk of kidney failure and disease progression in patients with diabetes and chronic kidney disease (CKD), making it the first GLP-1 agent indicated for the treatment of CKD (Perkovic et al., 2024)

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