financetom
Business
financetom
/
Business
/
BioAge Labs Terminates Phase 2 Trial of Obesity Drug Candidate
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BioAge Labs Terminates Phase 2 Trial of Obesity Drug Candidate
Dec 6, 2024 2:32 PM

05:08 PM EST, 12/06/2024 (MT Newswires) -- BioAge Labs ( BIOA ) said late Friday it is terminating its phase 2 study of the investigational drug candidate azelaprag as both monotherapy and in combination with tirzepatide following observations of liver transaminitis in some subjects, without clinically significant symptoms.

The company also noted that no transaminase elevations were detected in the tirzepatide-only treatment group.

BioAge ( BIOA ) had planned to enroll approximately 220 individuals aged 55 years and older for the trial.

BioAge ( BIOA ) Chief Executive Kristen Fortney said that the difficult decision was made to discontinue the Phase 2 study of azelaprag as the emerging safety profile of the current doses tested was not consistent with the company's goal of a best-in-class oral obesity therapy.

"While this outcome is a significant disappointment, we remain encouraged by azelaprag's promising preclinical and Ph1b efficacy profile," Fortney said.

Trading of shares of BioAge ( BIOA ) was halted and set to resume later Friday.

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 >
Canada's Dwellings Under Construction May Have Peaked, Says BMO
Canada's Dwellings Under Construction May Have Peaked, Says BMO
Nov 19, 2025
08:19 AM EST, 11/19/2025 (MT Newswires) -- Canadian housing starts pulled back sharply in October to a 232,800 annual pace, said Bank of Montreal (BMO). That brought the year-to-date average down to 256,000, a bit below the bank's call for the year (260,000) but still above last year's overall result of 245,000. Apartments in the major cities accounted for all...
Avicanna Reports Positive Pre-Clinical Data For Powder Drug Delivery System, Files For U.S. Patent
Avicanna Reports Positive Pre-Clinical Data For Powder Drug Delivery System, Files For U.S. Patent
Nov 19, 2025
08:21 AM EST, 11/19/2025 (MT Newswires) -- Avicanna ( AVCNF ) Wednesday announced positive preclinical results and the filing of a U.S. provisional patent application for its powder drug delivery system (PwdRx) platform. The drug delivery platform addresses key formulation challenges associated with highly lipophilic cannabinoids (CBD, CBG, THC and CBN), which often exhibit poor water solubility, low and variable...
Joby Aviation Signs MoU to Evaluate Air Taxi Deployment in Saudi Arabia Next Year
Joby Aviation Signs MoU to Evaluate Air Taxi Deployment in Saudi Arabia Next Year
Nov 19, 2025
08:18 AM EST, 11/19/2025 (MT Newswires) -- Joby Aviation ( JOBY ) said Wednesday that it has signed a memorandum of understanding with Red Sea Global and The Helicopter Company to evaluate the deployment of its electric air taxi in Saudi Arabia in H1 of next year. The companies will establish a sandbox for pre-commercial operations, which will serve as...
Main Street Capital Completes $27.2 Million Investment in The Nearshore Company
Main Street Capital Completes $27.2 Million Investment in The Nearshore Company
Nov 19, 2025
08:18 AM EST, 11/19/2025 (MT Newswires) -- Main Street Capital ( MAIN ) said Wednesday that it recently completed a new portfolio investment of $27.2 million in Texas-based The Nearshore Company to facilitate its acquisition of the Carmi Companies. The investment entails a combination of first-lien, senior secured term debt and a direct minority equity investment, Main Street Capital (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved