This biotech startup has a chance to grab a piece of the lucrative obesity drug market, analysts say

United States News News

This biotech startup has a chance to grab a piece of the lucrative obesity drug market, analysts say
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Card-description

It's been hard to miss the buzz around a new class of obesity medications , but one big drawback to these therapies is that they require a weekly injection. Enter biotech startup Structure Therapeutics , which is hoping to change that regimen with oral GLP-1 formulations for obesity and type 2 diabetes treatment. Structure went public earlier this month, raising $161 million in an upsized IPO.

mountain Shares have pulled back since the stock debuted earlier this month. "GSBR-1290 could help address a significant portion of patients who do not want injectable therapy or have limited access, given the oral route of administration," Seigerman wrote in a research note Tuesday. He rates the stock an outperform and has a $40 price target on it, which implies a 67% return from Monday's close.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Daisy Jones & The Six’ boss: Why Riley Keough was ‘a wild card for us’‘Daisy Jones & The Six’ boss: Why Riley Keough was ‘a wild card for us’“We talked to her, and after half an hour, we were like, ‘Yes, she was [born to play the part]!’” — “Daisy Jones & The Six” co-creator Scott Neustadter on series s…
Read more »

Police seek Good Samaritan-turned-bad who stole elderly woman's credit cardPolice seek Good Samaritan-turned-bad who stole elderly woman's credit cardWhen an 85-year-old woman got her car stuck last December, she was so grateful when a man offered to move her car out of her driveway. 10 days later, she realized her credit card was missing. FOX13
Read more »

Pokémon Trading Card Game Artist Spotlight: kirisAkiPokémon Trading Card Game Artist Spotlight: kirisAkiKnown for delivering iconic Full Art Trainers, kirisAki was first credited by the PokemonTCG with the Legendary Treasures Radiant Collection. Let's follow this epic journey of Pokemon artwork.
Read more »

Islanders in tricky spot at NHL trade deadline with Lou Lamoriello as wild cardIslanders in tricky spot at NHL trade deadline with Lou Lamoriello as wild cardNever say never when Lou Lamoriello is involved, but it would be a shocker to see the Isles jump in as a seller, even if there might be a purely pragmatic case to be made in favor of doing so.
Read more »

Dragon Ball Super Previews Power Absorbed: Anilaza Super RareDragon Ball Super Previews Power Absorbed: Anilaza Super RareDragonBallSuper Card Game: PowerAbsorbed features a fusion of a fusion, Agnilasa or Anilaza, the culmination of Universe 3's warriors. DBSCG DragonBall
Read more »



Render Time: 2025-03-12 09:20:43