Pfizer's Weight Loss Pill Canceled Due to Serious Side Effects

TL;DR Summary
Pfizer has announced the discontinuation of clinical trials for its weight loss pill, danuglipron, due to high rates of gastrointestinal side effects experienced by patients. The pill, which uses a similar mechanism to semaglutide, resulted in adverse events such as nausea, vomiting, and diarrhea in a large percentage of participants. Despite this setback, Pfizer remains committed to developing a weight loss pill and will continue to explore potential improvements in tolerability and study design. The news of the side effects caused a four percent drop in Pfizer's stock.
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- Expectations for Pfizer have been low, says Mizuho's Jared Holz on weight-loss pill setback CNBC
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