AbbVie made its first foray into anti-obesity treatments, signing a $2.3-billion licensing deal with Danish firm Gubra to secure the latter’s long-acting amylin analogue, dubbed GUBamy (GUB014295), currently in early-stage clinical testing. "Our partnership with Gubra marks our entry into the obesity field, offering a compelling opportunity based on the potential to address patient needs while also fostering long-term growth for our company," said AbbVie CEO Robert Michael.Under the terms of the deal announced Monday, AbbVie will pay $350 million upfront for global rights to GUBamy, with Gubra eligible for additional milestone payments reaching up to $1.875 billion, as well as tiered sales royalties.In November, Gubra reported findings from the first part of a Phase I study, wherein healthy lean and overweight male participants receiving single GUBamy doses of between 3.5 mg and 6.0 mg achieved around 3% weight loss over six weeks compared with an approximate 1% gain in the placebo group. The second part of the trial investigating multiple ascending doses of the therapy is ongoing.In 2021, Gubra inked a deal with Boehringer Ingelheim to co-develop four obesity programmes, leveraging the former’s streaMLine platform. However, last year, Boehringer halted the development of BI 1820237, a long-acting NPY2 agonist, without disclosing a reason. While two assets remain in preclinical stages, the fourth one — a long-acting triple agonist peptide, dubbed BI 3034701 — entered Phase I testing last July. The Danish biotech also struck a discovery deal with Amylyx recently around a long-acting GLP-1 receptor antagonist.