BAGSVAERD, Denmark, March 8 (Reuters) - Novo Nordisk is
very comfortable it will be able to launch the pill version of
its experimental weight loss drug amycretin this decade, the
drugmaker's head of development told Reuters on Friday, a day
after it announced strong early trial data on it.
"I never commit to timelines but I would be very comfortable
to say at the very least within this decade," Martin Holst Lange
said in an interview.
Novo shares surged more than 8% to record highs
on Thursday when the company told investors a Phase I trial of
the pill version of amycretin showed participants lost 13.1% of
their weight after 12 weeks, a bigger reduction early on than
from Wegovy.
Shares in the drugmaker, which surpassed Tesla Inc ( TSLA )
in market value on Thursday, were down 0.9% on Friday but were
still set for a 7.1% gain this week.
Investors said the news shows the Danish company, originally
known as an insulin maker, has more in its pipeline beyond its
hugely successful Wegovy. Its shares have risen more than
three-fold since June 2021 when it launched Wegovy in the United
States.
It hopes both its new experimental obesity drugs cagrisema
and amycretin will have higher efficacy in terms of weight-loss
than Wegovy.
CARDIAC BENEFITS
After 12 weeks on amycretin in the trial, more than 80% of
the participants were still on the drug, Lange said, describing
it as an "impressive" retention rate which would suggest that
the doses were safe and patients were tolerating it well without
major side effects.
Lange added that it also "would be a likely scenario" that
the new drugs would have similar cardiac benefits as Wegovy.
Wegovy belongs to a class of drugs known as GLP-1 agonists,
originally designed to treat Type 2 diabetes, that have been
shown to regulate blood glucose levels and suppress appetite.
Following the success of Wegovy, companies are working on
other promising weight-loss therapies such as amycretin, which
in addition to binding to the same gut hormone as Wegovy --
GLP-1 -- also targets a hormone called amylin in the pancreas
that affects hunger.
Novo in August said a large study had shown Wegovy also had
a clear cardiovascular benefit, boosting the company's hopes of
moving beyond its image as a lifestyle drug.
Those results have led to a debate over whether the
long-term medical benefits of weight-loss drugs are enough to
reduce the overall burden on healthcare systems and the cost of
treating heart disease in overweight and obese people.
Novo's current plan is to advance the development of
amycretin in its oral and injectable form simultaneously, and it
gives a regulatory advantage to deliver safety data on both
versions at the same time, Lange said.
(Reporting by Maggie Fick and Jacob Gronholt-Pedersen, writing
by Stine Jacobsen and Louise Rasmussen, editing by Terje Solsvik
and Emelia Sithole-Matarise)