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Rhythm Pharma's Imcivree Gets European Approval For Obesity, Control of Hunger Associated With Genetic Mutations
Friday, July 23, 2021 - 10:15am | 265The European Commission (EC) has approved Rhythm Pharmaceuticals Inc's (NASDAQ: RYTM) Imcivree (setmelanotide) for obesity and the control of hunger. The approval covers obesity associated with genetically confirmed loss-of-function biallelic pro-opiomelanocortin (POMC),...
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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 | 601A 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 | 2019 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 | 363A 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 | 398Novo 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 | 1070Since 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 | 236Novo 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 | 285NLS 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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Researchers Find Endocannabinoids In Gut Might Regulate Obesity
Wednesday, August 14, 2019 - 12:28pm | 1358By WeedMaps News' Maureen Meehan, provided exclusively to Benzinga Cannabis. While studies have shown that endocannabinoids naturally regulate a variety of physiological processes in our bodies, scientists are now finding that their function also includes sending a message from our gut to our...
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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 | 458Move 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 | 311Shares 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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Exclusive: Orexigen Therapeutics Execs Talk Contrave And The Stock's Roller-Coaster Ride
Tuesday, May 2, 2017 - 12:17pm | 1485Meet Orexigen Therapeutics, Inc. (NASDAQ: OREX), a micro-cap biopharmaceutical company delivering one of the strongest stock market performances of 2017 so far. After losing almost 90 percent of its value over 2016, shares have recuperated more than 80 percent this year. Benzinga recently spoke...
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Thromboembolic Risks Linger For Zafgen's Beloranib, Says SunTrust
Friday, February 19, 2016 - 5:05pm | 262SunTrust 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 | 320Shares 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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Can Marijuana Help With Diabetes? Research Is Conflicting
Monday, September 14, 2015 - 7:43am | 321Earlier this year, the journal Obesity published a study showing that marijuana users typically had a lower body mass index than those that refrain from using the drug. The figures supported claims that cannabis could be an effective treatment for sufferers of diabetes and suggested that GW...