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FDA-Approved Weight Loss Drug Plenity's Parent Announces SPAC Deal: What Investors Should Know
Monday, July 19, 2021 - 1:45pm | 601Read More...A SPAC deal announced Monday could help accelerate the manufacturing of a promising weight loss drug targeting over 150 million people. The SPAC Deal: Gelesis announced a SPAC merger with Capstar Special Purpose Acquisition Corp (NYSE: CPSR). The deal values the company at a pro forma market...
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9 Meters Biopharma Acquires Anti-GIP Monoclonal Antibody For Obesity-Related Disorders
Monday, July 19, 2021 - 9:32am | 201Read More...9 Meters Biopharma Inc (NASDAQ: NMTR) has acquired global development rights to LOB-0136 (now known as NM-136) that targets glucose-dependent insulinotropic polypeptide (GIP) from Lobesity LLC. GIP is a hormone whose concentration increases significantly with overeating, leading to...
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Regeneron Discovers GPR75 Gene Mutations Can Protect Against Obesity, Begins Search For New Drugs
Friday, July 2, 2021 - 7:57am | 363Read More...A team at Regeneron Pharmaceuticals Inc's (NASDAQ: REGN) Genetics Center has discovered mutations in the gene GPR75 that protect against obesity. Now, drug developers at Regeneron will use its VelocImmune technology, which generates antibodies from humanized mice, to find drugs...
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Novo Nordisk's Semaglutide Gets FDA Approval to Tackle Obesity
Monday, June 7, 2021 - 8:15am | 398Read More...Novo Nordisk A/S (NYSE: NVO) has gained U.S. approval for a once-weekly semaglutide 2.4 mg injection, dubbed Wegovy, for chronic weight management. The drug will be available to obese adults and certain overweight people and should be used in conjunction with diet and exercise, Novo...
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Why Technology Could Be The Answer For The Global Obesity Epidemic
Monday, May 10, 2021 - 2:07pm | 1070Read More...Since 1975, global obesity levels have tripled. The most recent figures from the World Health Organization (WHO) found that over 1.9 billion adults were overweight and over 650 million were obese. These figures continue to rise despite attempts by governments and organizations to reverse the trends...
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Novo Nordisk To Start Phase 3 Obesity Trial With Oral Semaglutide
Wednesday, April 21, 2021 - 1:53pm | 236Read More...Novo Nordisk A/S (NYSE: NVO) is entering the Phase 3a study in obesity with oral semaglutide 50 mg. The decision follows the completion of the STEP phase 3a trial with once-weekly subcutaneously administered semaglutide 2.4 mg. The company will launch the trial in the second...
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NLS Pharmaceutics Stock Surges On Obesity Drug Licensing Pact With Novartis Pharma
Friday, March 12, 2021 - 10:59am | 285Read More...NLS Pharmaceutics AG (NASDAQ: NLSP) stock has more than doubled in reaction to a License Agreement with Novartis Pharma AG, a unit of Novartis AG (NYSE: NVS), wherein NLS secured an exclusive license to Sanorex (mazindol) in the U.S. Sandoz developed Sanorex as an...
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Supersize Me Again: McDonald's Wants You To Curl Up With A Big Mac In New Sweats, Jammies Lines
Monday, July 24, 2017 - 2:04pm | 458Read More...Move over, American Eagle Outfitters (NYSE: AEO). There’s a new contender in clothing retail, and it’s gonna be big. Supersized, even. McDonald’s Corporation (NYSE: MCD) will launch its limited-edition apparel and merchandise line July 26 in honor of Global Delivery Day. “To...
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EnteroMedics' 28% Plunge, Explained
Tuesday, May 16, 2017 - 9:49am | 311Read More...Shares of EnteroMedics Inc (NASDAQ: ETRM), a nano-cap medical device company that uses neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders, fell more than 28 percent early Tuesday morning, after soaring 30 percent the day before. The large sell-off in...
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Thromboembolic Risks Linger For Zafgen's Beloranib, Says SunTrust
Friday, February 19, 2016 - 5:05pm | 262Read More...SunTrust said it hasn't changed its benefit-risk profile for Zafgen Inc (NASDAQ: ZFGN)'s beloranib, citing that thromboembolic risks linger on the obesity drug that showed statistically and clinically significant improvements in body weight and glycemic control in a mid-stage trial. Related Link:...
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Why Zafgen Is Trading Higher By 40%
Wednesday, January 20, 2016 - 9:45am | 320Read More...Shares of Zafgen Inc (NASDAQ: ZFGN), a biopharmaceutical company that develops therapies for patients affected by obesity and complex metabolic disorders, were trading higher by nearly 40 percent at $7.80 early Wednesday morning. Zafgen announced after Tuesday's market positive efficacy...
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Wedbush Sees Downside To Weight Watchers International, Inc. Stock Price
Wednesday, October 1, 2014 - 1:26pm | 256Read More...Kurt Frederick of Wedbush released a cautious note on Weight Watchers International, Inc. (NYSE: WTW). The analyst maintained a Neutral rating and $20 price target, meaningfully below Tuesday's closing price of $27.44. "In recent years increased competition led to increased investment...
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Get Your Portfolio In Shape: Four Stocks That Focus on Fitness
Wednesday, October 16, 2013 - 4:21pm | 514Read More...Here's some irony for you: while the U.S. public faces an obesity epidemic, health-related stocks are looking lean and mean these days. Growing concerns over the costs to America in terms of productivity, healthcare costs and even an enjoyable lifestyle from obesity and other issues is indeed...
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VIVUS Shares Hit Hard After Earnings
Wednesday, November 7, 2012 - 9:30am | 313Read More...Obesity drug manufacturer VIVUS (NASDAQ: VVUS) slumped 22 percent in early trade Tuesday, as the company reported a net loss of $40.40 million or $0.40 per share in the third quarter. Analysts and investors had anticipated losses of $0.32 for the recently approved Qsymia makers. VIVUS announced...
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Will Alnylam's Prospective Obesity Drug Change the World Forever?
Wednesday, January 4, 2012 - 3:45pm | 529Read More...Obesity affects millions of Americans, and many more people around the world. It has been linked to various cardiovascular disorders and a wide array of health ailments, shortening lifespans and destroying livelihoods. While scientists have been scrambling to create a drug to fight obesity, none...












