HK Stock Movement | INNOVENT BIO (01801) Rises Over 4% as High-Dose 9mg Mazdutide Injection Marketing Application Accepted

Stock News11-26

INNOVENT BIO (01801) surged more than 4%, reaching HK$98 by the time of writing, with a trading volume of HK$405 million. On November 25, the company announced that the marketing application for Xermelo® (Mazdutide Injection, a glucagon "GCG"/glucagon-like peptide-1 "GLP-1" dual receptor agonist) in a high-dose 9mg formulation for long-term weight control in adults with moderate-to-severe obesity has been accepted by the Center for Drug Evaluation (CDE) of China's National Medical Products Administration (NMPA). Mazdutide is expected to provide a potent and safe new treatment option for Chinese patients with moderate-to-severe obesity, beyond weight-loss surgery.

The application is based on the outstanding results from the Phase III registration clinical trial GLORY-2 (NCT06164873) for Mazdutide 9mg in Chinese patients with moderate-to-severe obesity. The study recently met its primary endpoint and all key secondary endpoints. Xermelo® (Mazdutide Injection) 9mg is currently the only GLP-1-based therapy that achieves over 20% weight loss after one year of treatment with just a two-step dose titration. Its development provides evidence-based medical support for effective weight management in Chinese patients with moderate-to-severe obesity, offering an alternative to surgical interventions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment