Structure's experimental pill shows 11% weight loss in study, shares upDec 8 (Reuters) - Structure Therapeutics GPCR.O said on Monday that its obesity pill showed a 11.3% reduction in weight in a mid-stage study.
Shares of the biotech jumped 41.8% in premarket trading.
(Reporting by Puyaan Singh in Bengaluru; Editing by Shailesh Kuber)
((Puyaan.Singh@thomsonreuters.com;))
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