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Structure’s Oral Weight Loss Drug Data Underperforms A Big Rival

 
• By Jessica Merrill

The company is advancing a Phase II candidate in the closely watched and competitive category of oral GLP-1 receptor agonists for diabetes and weight loss.

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Investors weren't sure Structure's Phase II data measures up to Lilly's • Source: Shutterstock

A Phase IIa clinical trial testing Structure Therapeutics, Inc.’s oral GLP-1 receptor agonist GSBR-1290 in patients with type 2 diabetes met the primary safety and tolerability endpoints and showed a statistically significant reduction in hemoglobin A1c and weight at week 12, but investors were hoping to see stronger efficacy results.

Key Takeaways
  • A Phase IIa clinical trial testing Structure Therapeutics Inc.’s oral GLP-1 receptor agonist GSBR-1290 was positive for safety and efficacy.
  • Weight loss was a secondary endpoint...

Structure’s stock price tumbled 46% after the company announced the news, opening 18 December at $31.90, despite positive results. CEO Raymond Stevens said during a same-day call that he continues...

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