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Altimmune Announces Oral Presentation of Pemvidutide Clinical Data in Treatment of NAFLD at Upcoming EASL International Liver Congress™ 2023

Key Takeaway: Altimmune, Inc. announced that Dr. Stephen A. Harrison will present findings from a 24-week clinical trial of pemvidutide for treating non-alcoholic fatty liver disease (NAFLD) at the EASL International Liver Congress 2023 in Vienna, Austria. The presentation will highlight significant reductions in liver fat, fibro-inflammation, and body weight in patients throughout the trial duration. Furthermore, this presentation has been selected for the prestigious Best of EASL Summary Slides, emphasizing its importance in the conference agenda. Altimmune will also host a reception for key opinion leaders and investors during the congress.
Price reaction · baseline $4.05 (2023-06-14 close) · hit after-hours · 1 other ALT headline(s) in the window, move may be shared
day 0 close · peak
+1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation selected for Best of EASL Summary Slides highlights significance.
  • Pemvidutide shows promise in reducing liver fat and inflammation.
  • The event is likely to attract KOLs and investors, signaling interest.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+22%
120-day peak, hindsight
Typical move
10.2%
average across 8 past catalysts
Cash runway
~64 mo
Minimal dilution risk
Lead asset
ALT-801
Phase 2 · Obesity/Overweight

Full Press Release Details

Presentation Selected for Best of EASL Summary Slides
Altimmune to Host a NASH KOL and Investor Reception on June 22, 2023
GAITHERSBURG, Md., June 15, 2023 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that Dr. Stephen A. Harrison, Medical Director, Pinnacle Clinical Research and Adjunct Professor of Medicine, Oxford University, will present the results of its 24-week clinical trial of pemvidutide in the treatment of non-alcoholic fatty liver disease (NAFLD) in an oral presentation at the EASL International Liver Congress™ 2023 in Vienna, Austria. Pemvidutide is a novel, investigational, peptide-based GLP-1/glucagon dual receptor agonist in development for the treatment of obesity and non-alcohol steatohepatitis (NASH).
Details for the oral presentation are as follows:
Title: Pemvidutide, a GLP-1/Glucagon Dual Receptor Agonist, Significantly Reduces Liver Fat, Fibro-inflammation, and Body Weight in Patients with Non-alcoholic Fatty Liver Disease: a 24-week Multicenter, Randomized, Double-blind, Placebo-controlled Trial (Presentation ID OS-063)
Presenter: Stephen A. Harrison, M.D., Medical Director, Pinnacle Clinical Research and Adjunct Professor of Medicine, Oxford University
Date/Time: Friday, June 23, 2023, at 8:30 am CEST
Best of EASL Summary Slide Deck
Dr. Harrison’s presentation was selected for the Best of EASL Summary Slides, a compendium highlighting the most noteworthy contributions to the 2023 EASL program. A copy of the presentation will be accessible on the Events section of the Altimmune website.
NASH KOL and Investor Reception
Altimmune will host a reception in Vienna for NASH KOLs and investors on Thursday, June 22 at 6:30 PM CEST. Please click here if you are interested in attending the reception and to receive additional details.
Altimmune is a clinical-stage biopharmaceutical company focused on developing innovative next-generation therapeutics for the treatment of patients with liver diseases and obesity. The Company’s lead product candidate, pemvidutide, is a GLP-1/glucagon dual receptor agonist that is being developed for the treatment of obesity and NASH. In addition, Altimmune is developing HepTcell™, an immunotherapeutic designed to achieve a functional cure for chronic hepatitis B. For more information, please visit www.altimmune.com.
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Frequently Asked Questions

What is the focus of Altimmune, Inc.?

Altimmune, Inc. specializes in developing innovative therapies for liver diseases and obesity.

When will Dr. Harrison present at EASL?

Dr. Harrison's presentation is scheduled for June 23, 2023, at 8:30 am CEST.

What is pemvidutide?

Pemvidutide is an investigational GLP-1/glucagon dual receptor agonist for treating NASH and obesity.

Where can I find Altimmune's presentation on EASL?

The presentation will be available in the Events section of Altimmune's website.

What event is Altimmune hosting on June 22, 2023?

Altimmune will host a reception for NASH KOLs and investors on June 22 at 6:30 PM CEST.

Last updated: Jun 15, 2023