BUZZ-Fractyl rises after obesity gene therapy shows promise in preclinical trial
Reuters
Oct 07
BUZZ-Fractyl rises after obesity gene therapy shows promise in preclinical trial
** Shares of drug developer Fractyl HealthGUTS.O rise 1.4% to $1.49 premarket
** Co says obesity gene therapy RJVA-002 showed ~30% weight loss in mice, in a preclinical trial
** The therapy is designed to trigger the production of appetite-suppressing hormones, GLP-1 and GIP
** Treatment with RJVA-002 resulted in a dose-dependent reduction in body weight - Fracty
** Up to last close, stock down ~28% YTD
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com;))
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