Recent Updates
Recently added Catalysts
MRNA Neutral Sentiment

Roche Makes Obesity Splash, Moderna Cans Vaccine Trials, Sarepta’s New Data, More

Key Takeaway: Roche announced significant weight loss results for its GLP-1/GIP injectable CT-388 in a Phase II trial, prompting plans for a Phase III study. Meanwhile, Moderna has decided to discontinue late-stage vaccine trials amid challenges posed by anti-vaccine rhetoric. Additionally, Sarepta released new data on its gene therapy Elevidys for Duchenne muscular dystrophy.
Price reaction · baseline $45.45 (2026-01-27 close) · hit after-hours · 2 other MRNA headline(s) in the window, move may be shared
day 0 close · peak
-0.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Roche's CT-388 shows promising weight loss results in Phase II trial.
  • Baseline Therapeutics introduces a new GLP-1 for alcohol use disorder.
  • Sarepta provides new data for its gene therapy Elevidys.

CONCERNS & RISKS

  • Moderna halts late-stage vaccine trials due to market access issues.
  • Health Secretary's anti-vaccine stance affects Moderna's operations.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+47%
120-day peak, hindsight
Typical move
5.1%
average across 3 past catalysts
Cash runway
~22 mo
Low dilution risk
Lead asset
mRNA-1645-eODGT8
Phase 1 · HIV Infections

Full Press Release Details

>Listen on Spotify>Listen on Apple Products>Listen on Amazon Music>Listen on iHeartRoche made the biggest splash this week so far, announcing on Tuesday that GLP-1/GIP injectable CT-388 led to22.5% weight lossin a Phase II trial. These numbers appear to put CT-388, which Roche acquired in its $2.7 billion Carmot buy, in line with Eli Lilly’s Zepbound, according to William Blair analysts. Roche plans to start a Phase III study of CT-388 in the first half of this year and is also pairing the drug with a therapy from Zealand Pharma, with the aim of offering a weight loss option with fewer gastrointestinal side effects.
Meanwhile,Baseline Therapeuticsdebuted to challenge Lilly with a Phase III–ready GLP-1 for alcohol use disorder.
In the vaccines sector, Moderna took perhaps the biggest action to date amid Health Secretary Robert F. Kennedy’s anti-vaccine policies and rhetoric, last week announcing that the company will no longer runlate-stage vaccine trialsfor infectious diseases.“You cannot make a return on investment if you don’t have access to the U.S. market,” CEO Stéphane Bancel said the World Economic Forum at Davos, Switzerland. Pfizer CEO Albert Bourla, also speaking at Davos, called RFK Jr.’s rhetoric and policies on vaccines “anti-science.”
Finally,Sarepta released new dataon Monday for Elevidys, the company’s embattled gene therapy for neuromuscular disease Duchenne muscular dystrophy. Plus, check out up-and-coming treatments forAlzheimer’sandParkinson’s.

Frequently Asked Questions

What results did Roche's CT-388 achieve?

Roche's CT-388 led to a 22.5% weight loss in a Phase II trial.

Why did Moderna stop its vaccine trials?

Moderna halted late-stage vaccine trials due to market access issues.

What is Baseline Therapeutics developing?

Baseline Therapeutics is developing a GLP-1 for alcohol use disorder.

What new data did Sarepta release?

Sarepta released new data for its gene therapy Elevidys for Duchenne muscular dystrophy.

Last updated: Jan 28, 2026