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Stock impact report

Altimmune: Despite HepTcell Failure, Differentiation Of Obesity Drug In Place [Seeking Alpha]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Seeking Alpha
It is said that the GLP-1 market could exceed $100 billion by 2030. Results from the phase 2b IMPACT study, using pemvidutide for the treatment of patients with MASH, expected to be released Q1 of 2025. Altimmune had $198 million in cash as of December 31st of 2023; It will likely have to continue to tap into the ATM agreement or find another way to raise cash to fund its pipeline. Looking for a portfolio of ideas like this one? Members of Biotech Analysis Central get exclusive access to our subscriber-only portfolios. Learn More » Altimmune NASDAQ: ALT ) had just reported an update form its phase 2 MOMENTUM trial, which used its drug pemvidutide for the treatment of patients with obesity. In the latest data update for it, it noted that the weight loss patients experienced was comparable to that of typical diet and exercise. Investors should not only care about this because of the possible way that the company could differentiate pemvidutide compared to that of competing drug Show less Read more
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