Zealand Pharma Soars on Positive Weight-Loss Drug Trial Results

1 min read
Source: Quartz
Zealand Pharma Soars on Positive Weight-Loss Drug Trial Results
Photo: Quartz
TL;DR Summary

Zealand Pharma's stock rose 17% after announcing that its experimental weight loss drug petrelintide showed similar efficacy to Ozempic with fewer side effects in a phase 1 trial. Petrelintide, a long-acting amylin analog, could be an alternative for patients who can't tolerate GLP-1 treatments.

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