0751 GMT - Roche released data from a midstage study of its weight-loss drug candidate CT-388 that looks encouraging, Vontobel's Stefan Schneider says in a research note. The Swiss pharmaceutical company said CT-388 achieved a statistically significant weight loss of 22.5% at week 48 without reaching a weight-loss plateau, suggesting the drug worked in a phase 2 clinical trial, the analyst says. The drug candidate was one of the assets Roche acquired through its deal for Carmot Therapeutics in late 2023 to build a cardiometabolic portfolio and the company has since then achieved several milestones in its effort, the analyst adds. Vontobel expects Roche to launch the drug in 2028 at the earliest and estimates it could generate peak sales of 2.5 billion Swiss francs. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
January 27, 2026 02:52 ET (07:52 GMT)
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