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LY4086940

Phase 1

Overweight | Small molecule | Metabolic |Eli Lilly and Company|Trials Updated: Aug 19, 2026

LY4086940 development status

Highest phase Phase 1
Registered trials 1 across 1 sponsor since Apr 2025

Success Probability

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Market & Valuation

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Trial Design

RandomizedDouble-BlindPLACEBO_CONTROLLED
Total Trials1
Total Enrollment219

FDA Designations

No designations recorded

LY4086940 clinical trials

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)

MEDIUMSep 19, 2026NCT06945419TRIAL_REMOVED: changed
MEDIUMSep 19, 2026NCT06945419TRIAL_REMOVED: changed
MEDIUMSep 19, 2026NCT06945419TRIAL_REMOVED: changed
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

Frequently asked questions about LY4086940

What is LY4086940?

LY4086940 is an investigational small molecule developed by Eli Lilly and Company for overweight and obesity. It is in Phase 1 clinical development and has been studied in a single completed trial that enrolled 219 participants. It is not an approved medicine.

What is LY4086940 used for?

LY4086940 is being developed for overweight and obesity, a metabolic condition. The Phase 1 trial also enrolled participants with obesity and type 2 diabetes, as well as healthy participants. Because the drug is still investigational, it is not available as a treatment outside of clinical research.

Who makes LY4086940?

LY4086940 is developed by Eli Lilly and Company, which trades on the New York Stock Exchange under the ticker LLY. Lilly is the sponsor of the clinical program studying the compound in overweight and obesity.

What phase is LY4086940 in?

LY4086940 is in Phase 1 clinical development. One Phase 1 trial has been completed, and no active trials are currently listed. The compound is investigational and has not been approved by the FDA for any indication.

What clinical trials is LY4086940 in?

LY4086940 has been studied in one Phase 1 trial, NCT06945419, titled A Study of LY4086940 in Healthy Participants and Participants With Overweight or Obesity, With or Without Type 2 Diabetes. That trial is completed, was randomized, double-blind, and placebo-controlled, enrolled 219 participants, and ran in the United States and Singapore.