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Altimmune Announces Oral Presentation of Pemvidutide Clinical Data at 60th Annual Meeting of the European Association for the Study of Diabetes

Key Takeaway: Altimmune, Inc. announced that findings from its Phase 2, MRI-based body composition sub-study of pemvidutide will be presented at the 60th Annual Meeting of the European Association for the Study of Diabetes in Madrid. Pemvidutide is an investigational dual receptor agonist targeting obesity and metabolic dysfunction-associated steatohepatitis. The drug has shown significant benefits in weight loss and metabolic health in previous clinical trials, leading to its Fast Track designation by the FDA. The presentation will showcase how pemvidutide helps preserve lean body mass during weight loss in overweight and obese patients.

Market Sentiment Analysis

POSITIVE FACTORS

  • Pemvidutide demonstrates compelling weight loss and positive metabolic effects.
  • U.S. FDA has granted Fast Track designation for pemvidutide.
  • The upcoming presentation at a major diabetes conference highlights promising clinical data.

Full Press Release Details

GAITHERSBURG, Md., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that the data from its Phase 2, MRI-based body composition sub-study of pemvidutide in subjects with overweight and obesity will be presented at the 60th Annual Meeting of the European Association for the Study of Diabetes in Madrid, Spain. Pemvidutide is a novel, investigational, peptide-based GLP-1/glucagon dual receptor agonist in development for the treatment of obesity and metabolic dysfunction-associated steatohepatitis (MASH).
Details for the presentations are as follows:
Title: Pemvidutide preserves lean body mass during weight loss in patients with overweight and obesity: results of a phase 2, MRI-based body composition sub-study (Session 038, Oral Presentation 557)
Presenter: Sarah Browne, M.D., Vice President, Clinical Development, Altimmune
Date/Time: Tuesday, September 10, 2024, at 1:45 pm CEST
Pemvidutide is a novel, investigational, peptide-based GLP-1/glucagon dual receptor agonist in development for the treatment of obesity and MASH. Activation of the GLP-1 and glucagon receptors is believed to mimic the complementary effects of diet and exercise on weight loss, with GLP-1 suppressing appetite and glucagon increasing energy expenditure. Glucagon is also recognized as having direct effects on hepatic fat metabolism, which is believed to lead to rapid reductions in levels of liver fat and serum lipids. In clinical trials to date, once-weekly pemvidutide has demonstrated compelling weight loss, robust reductions in triglycerides, LDL cholesterol, liver fat content and blood pressure. The U.S. FDA has granted Fast Track designation to pemvidutide for the treatment of MASH. Pemvidutide recently completed the MOMENTUM Phase 2 obesity trial and is being studied in the ongoing IMPACT Phase 2b MASH trial.
Altimmune is a clinical-stage biopharmaceutical company focused on developing innovative next-generation peptide-based therapeutics. The Company is developing pemvidutide, a GLP-1/glucagon dual receptor agonist for the treatment of obesity and MASH. For more information, please visit www.altimmune.com.
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President and Chief Executive Officer
Inizio Evoke, Biotech

Frequently Asked Questions

What is pemvidutide?

Pemvidutide is an investigational peptide-based GLP-1/glucagon dual receptor agonist.

What conditions is pemvidutide being developed to treat?

It is aimed at treating obesity and metabolic dysfunction-associated steatohepatitis.

When will the Phase 2 sub-study results be presented?

The results will be presented on September 10, 2024, at 1:45 pm CEST.

What designation has the U.S. FDA granted pemvidutide?

The U.S. FDA has granted Fast Track designation for pemvidutide.

What effects does pemvidutide have on weight loss?

It suppresses appetite while increasing energy expenditure, leading to weight loss.

Last updated: Sep 3, 2024