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The agreement gives Novo exclusive global rights to apply PharmaShell to as many as five peptide-drug programs. Monthly and quarterly injections are targets, not approved products, and most of the headline value remains contingent on development and sales.
The agreement, effective April 1, 2027, preserves Apple's access to Qualcomm's global patent portfolio even as Apple reduces its reliance on Qualcomm modem chips. Duration and financial terms were not disclosed.