Roche races to catch up with obesity rivals
Swiss pharma giant Roche (ROG: SIX) is wasting no time in catching up with obesity frontrunners Novo Nordisk (NOV: N) and Eli Lilly (NYSE: LLY).
Roche has launched a Phase II study hoped to confirm the long-lasting benefit of CT-388, a dual GLP-1/GIP receptor agonist being developed for the treatment of obesity and type 2 diabetes that came with the company’s $2.7 billion acquisition of Carmot Therapeutics last year.
This study will enrol 450 individuals with obesity or overweight with at least one weight-related comorbidity.
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