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Amylyx Pharmaceuticals (AMLX) Announces the Selection of AMX0318 as Development Candidate for PBH and Other Rare Diseases [Yahoo! Finance]

Amylyx Pharmaceuticals, Inc. (AMLX) 
Company Research Source: Yahoo! Finance
on January 8 the selection of AMX0318 as a development candidate for post-bariatric hypoglycemia (PBH) and other rare diseases. AMX0318 is a long-acting glucagon-like peptide-1 (GLP-1) receptor antagonist and was identified through a research collaboration with Gubra A/S. Gubra A/S is involved in peptide-based drug discovery and preclinical contract research services. Camille L. Bedrosian, MD, Chief Medical Officer at Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX), stated that AMX0318 has exhibited robust preclinical and chemical properties, including “a pharmacokinetic profile that may support long-acting administration.” Management further demonstrated strong conviction that inhibiting GLP-1 receptor activity marks a significant therapeutic approach, provided the statistically significant data that avexitide, its investigational, first-in-class GLP-1 receptor antagonist, has generated to date. Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) expects the completion of recruitment in its pi Show less Read more
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