"Rival Obesity Drugs Show Promising Results in Liver Disease Trials"

1 min read
Source: CNBC
"Rival Obesity Drugs Show Promising Results in Liver Disease Trials"
Photo: CNBC
TL;DR Summary

Zealand Pharma's stock surged 32% after positive trial results for its weight-loss drug, survodutide, which also showed efficacy in treating liver inflammation caused by excess fat cells. The drug has received fast-track designation from the FDA and is undergoing five Phase-3 trials for people who are overweight or obese, positioning the company as a key player in the highly lucrative obesity therapeutics market alongside competitors like Novo Nordisk and Eli Lilly.

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