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Stock impact report

Structure Therapeutics Announces Initiation of Phase 1 Clinical Study of Oral Small Molecule Amylin Receptor Agonist ACCG-2671 for the Treatment of Obesity [Yahoo! Finance]

Structure Therapeutics Inc. - American Depositary Shares (GPCR) 
Company Research Source: Yahoo! Finance
developing novel oral small molecule therapeutics for metabolic diseases, with a focus on obesity, today announced that it has initiated a first-in-human Phase 1 clinical study of ACCG-2671, the company's lead oral small molecule amylin receptor agonist for the treatment of obesity. ACCG-2671 was designed via the company's next generation structure-based drug discovery platform to harness the established metabolic benefits of amylin biology in an oral, once-daily small molecule, with the potential to improve scalability, combinability, and patient access. “We believe amylin-based therapies are poised to become an important next-generation component of the treatment landscape for obesity and related conditions. Powered by our differentiated GPCR structure-based drug discovery platform, we have efficiently advanced ACCG-2671 into the clinic as the industry's most advanced oral small molecule amylin therapy,” said Xichen Lin, Ph.D., Chief Scientific Officer of Structure Therapeutics. “ Show less Read more
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