More than a dozen small, privately-owned companies are developing drugs that hold the promise of Wegovy-like weight loss without the downside of nausea, according to US investment bank Stifel
of weight-loss drugs that improve on Wegovy and Mounjaro by offering pills instead of injections or by potentially leading to greater weight loss.Some investors say biotech companies have an opportunity.
Another U.S. biotech taking a different approach that has proven in early trials to achieve weight loss without nausea is Glyscend Therapeutics, born out of a lab at Johns Hopkins University in Baltimore, Maryland.showing the effective weight loss; the data also indicated the drug was "well-tolerated".
Glyscend may consider an IPO if the market improves or a partnership with a big pharma firm for Phase III trials, he said.
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