Obesity late-comer Amgen (Nasdaq: AMGN) announced full results from Part 1 of the Phase II study of MariTide (maridebart cafraglutide, formerly AMG 133), a long-acting, peptide-antibody conjugate subcutaneously administered monthly or less frequently.
In addition to these data, complete results from the primary analysis of the Phase I pharmacokinetics low dose initiation (PK-LDI) study evaluating lower starting doses of MariTide were presented as part of an expert-led Symposium at the American Diabetes Association (ADA) 85th Scientific Sessions and simultaneously published in The New England Journal of Medicine.
If approved, MariTide would be a monthly shot to reduce weight, rivaling weekly injections from Eli Lilly (NYSE: LLY) and Novo Nordisk (NOV: N), and seeking a stake in a competitive obesity market – forecast to reach a value of as much as $173.5 billion in the seven major markets (7MM: USA, France, Germany, Italy, Spain, UK and Japan) by 2031.
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