financetom
Business
financetom
/
Business
/
Amgen Says Phase 2 Study Shows MariTide Causes up to 20% Weight Loss in 1 Year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amgen Says Phase 2 Study Shows MariTide Causes up to 20% Weight Loss in 1 Year
Nov 26, 2024 5:05 AM

07:53 AM EST, 11/26/2024 (MT Newswires) -- Amgen ( AMGN ) said Tuesday a phase 2 study showed that its investigational obesity drug MariTide caused an up to 20% average weight loss after a year in people living with obesity or overweight without type 2 diabetes without plateauing.

The study also showed that patients with type 2 diabetes achieved up to 17% average weight loss, also without plateauing, Amgen ( AMGN ) said.

The company said it is currently working on a second part of the study to evaluate any further weight loss with continued treatment after 52 weeks.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tuesday's Budget May Give Some Help to Canadian Dollar, Says ING
Tuesday's Budget May Give Some Help to Canadian Dollar, Says ING
Nov 4, 2025
07:13 AM EST, 11/04/2025 (MT Newswires) -- It's worth monitoring Canada's budget announcement on Tuesday, said ING. A mix of fiscally expansionary measures to support a tariff-hit economy is widely expected, wrote the bank in a note. The bar for debt sustainability concerns to hit the Canadian dollar (CAD or loonie) is elevated, so bold fiscal spending moves should be...
Reservoir Media Q2 revenue beats estimates
Reservoir Media Q2 revenue beats estimates
Nov 4, 2025
Overview * Reservoir Media ( RSVR ) Q2 revenue grows 12% yr/yr, beating analyst expectations * Adjusted EBITDA for Q2 rises 10% yr/yr, reflecting revenue growth * Company acquires Miles Davis catalog, partners with estate for centennial Outlook * Reservoir raises fiscal 2026 revenue guidance to $167M-$170M * Company lifts fiscal 2026 adjusted EBITDA forecast to $70M-$72M Result Drivers *...
Xometry Q3 revenue up 28%, beats expectations
Xometry Q3 revenue up 28%, beats expectations
Nov 4, 2025
Overview * Xometry ( XMTR ) Q3 revenue grows 28% yr/yr, beating analyst expectations * Adjusted EBITDA for Q3 beats consensus, driven by expanding marketplace gross margin * Marketplace revenue grows 31% yr/yr, driven by enterprise growth and expanded networks Outlook * Company raises full-year 2025 revenue guidance to $676-$678 mln * Xometry expects Q4 2025 revenue of $182-$184 mln...
Waters Corp raises annual profit forecast on stronger lab equipment demand
Waters Corp raises annual profit forecast on stronger lab equipment demand
Nov 4, 2025
(Reuters) -Lab equipment maker Waters Corp ( WAT ) raised its annual profit forecast on Tuesday, after beating third-quarter profit estimates on improved demand from biotech clients for its tools used in drug development and research.  The Milford, Massachusetts-based company expects annual adjusted profit per share in the range of $13.05 to $13.15, up from its prior forecast of $12.95...
Copyright 2023-2026 - www.financetom.com All Rights Reserved