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LY4086940

Phase 1

Healthy | Small molecule | Metabolic |Eli Lilly and Company|Last Updated: Aug 19, 2026

Success Probability

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Trial Design

RandomizedDouble-BlindPLACEBO_CONTROLLED
Total Trials1
Total Enrollment219

FDA Designations

No designations recorded

Clinical trial landscape

LY4086940 · 1 trial · 4 indications

Phase 1 1
NCT06945419A Study of LY4086940 in Healthy Participants and Participants With Overweight or Obesity, With or Without Type 2 DiabetesHealthy
COMPLETED219 Analytics
PHASE1COMPLETED
A Study of LY4086940 in Healthy Participants and Participants With Overweight or Obesity, With or Without Type 2 Diabetes
HealthyUnlock trial analytics

Study Endpoints

Primary Endpoints

Number of Participants with One or More Serious Adverse Events (SAE) Considered by the Investigator to be Related to Study Drug Administration
Baseline up to Week 9

Secondary Endpoints

Pharmacokinetics (PK): Maximum Observed Concentration (Cmax) of LY4086940
Predose up to Day 64
PK: Area Under the Concentration Versus Time Curve (AUC) of LY4086940
Predose up to Day 64
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Study Design & Arms

AllocationRANDOMIZED
MaskingDOUBLE
ModelPARALLEL
PurposeBASIC_SCIENCE

Treatment Arms

ArmTypeDescription
Part A: LY4086940 Single Dose (Healthy Participants)EXPERIMENTALParticipants will receive a single dose of LY4086940 orally
Part A: Placebo Single Dose (Healthy Participants)PLACEBO_COMPARATORParticipants will receive a single dose of placebo orally
Part A: LY4086940 Multiple Dose (Healthy Participants)EXPERIMENTALParticipants will receive LY4086940 orally for 3 days
Part A: Placebo Multiple Dose (Healthy Participants)PLACEBO_COMPARATORParticipants will receive placebo orally for 3 days
Part B: LY4086940 Multiple Dose (Participants with Overweight or Obesity)EXPERIMENTALParticipants will receive LY4086940 orally for 4 weeks
Part B: Placebo Multiple Dose (Participants with Overweight or Obesity)PLACEBO_COMPARATORParticipants will receive placebo orally for 4 weeks
Part C: LY4086940 Multiple Dose (Japanese/Chinese Participants with Overweight or Obesity)EXPERIMENTALParticipants will receive LY4086940 orally for 4 weeks
Part C: Placebo Multiple Dose (Japanese/Chinese Participants with Overweight or ObesityPLACEBO_COMPARATORParticipants will receive placebo orally for 4 weeks
Part D: LY4086940 Multiple Dose (Participants with Type 2 Diabetes with Overweight or Obesity)EXPERIMENTALParticipants will receive LY4086940 orally for 4-6 weeks
Part D: Placebo Multiple Dose (Participants with Type 2 Diabetes with Overweight or Obesity)PLACEBO_COMPARATORParticipants will receive placebo orally for 4-6 weeks
Part E (Open-Label): LY4086940 Single Dose (Healthy Participants)EXPERIMENTALParticipants will receive a single dose of LY4086940 intravenously (IV)

Interventions

NameTypeDescription
LY4086940DRUGAdministered orally
PlaceboDRUGAdministered orally
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Eligibility Criteria

Age Range18 Years to 65 Years
SexALL
Healthy VolunteersYes
Study Sites5

Inclusion Criteria: * Have no significant body weight change for the 3 months prior to screening Part A and Part E: * Are considered healthy * Have a body mass index (BMI) of 22 to 35 kilograms per square meter (kg/m2) at screening Part B: * Have a BMI of 27 to 45 kg/m2 at screening Part C: *...

Countries:United StatesSingapore
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Recent Changes (Last 90 Days)

HIGHAug 20, 2026NCT06945419Status: ACTIVE_NOT_RECRUITING → COMPLETED
HIGHAug 20, 2026NCT06945419Status: ACTIVE_NOT_RECRUITING → COMPLETED
HIGHAug 20, 2026NCT06945419Status: ACTIVE_NOT_RECRUITING → COMPLETED
HIGHAug 20, 2026NCT06945419Status: ACTIVE_NOT_RECRUITING → COMPLETED
MEDIUMJun 16, 2026NCT06945419Status: RECRUITING → ACTIVE_NOT_RECRUITING
MEDIUMJun 16, 2026NCT06945419Status: RECRUITING → ACTIVE_NOT_RECRUITING
MEDIUMJun 16, 2026NCT06945419Status: RECRUITING → ACTIVE_NOT_RECRUITING

Frequently asked questions about LY4086940

What is LY4086940?

LY4086940 is an investigational small molecule being developed by Eli Lilly and Company for metabolic conditions. It is currently in Phase 1 clinical development. The drug has been studied in healthy participants and in participants with overweight or obesity, with or without type 2 diabetes.

What is LY4086940 used for?

LY4086940 is being studied for use in metabolic conditions, specifically in healthy participants and in participants with overweight or obesity, with or without type 2 diabetes. It is an investigational drug and has not been approved for any indication.

Who makes LY4086940?

LY4086940 is being developed by Eli Lilly and Company, a pharmaceutical company traded on the stock exchange under the ticker symbol LLY. The drug is currently in Phase 1 clinical development.

What phase is LY4086940 in?

LY4086940 is in Phase 1 clinical development. It is an investigational drug and has not been approved by regulatory authorities. One Phase 1 clinical trial has been completed, and the drug is not currently in any active trials.

What clinical trials is LY4086940 in?

LY4086940 has been studied in one completed Phase 1 clinical trial, identified as NCT06945419. This trial enrolled 219 participants and was conducted in the United States and Singapore. The study was randomized, double-blind, and placebo-controlled.

Is LY4086940 the same as any other drug?

LY4086940 is a unique investigational drug candidate developed by Eli Lilly and Company. It is not known to be the same as any other marketed or approved drug. It is currently in Phase 1 clinical development for metabolic conditions.