BUZZ-MBX rises on obesity drug data showing monthly dosing potential
MBX Biosciences, Inc. MBX | 0.00 |
** Shares of MBX Biosciences MBX.O climb 6% to $43.42
** The biotech firm says preliminary blinded data for obesity drug MBX 4291 showed about 7% mean weight loss at eight weeks by targeting appetite and metabolism-related hormones
** Adds that drug designed for once-monthly dosing with gradual release profile supporting steady exposure
** Only one mild gastrointestinal side effect reported; no serious adverse events - MBX
** Says 12-week data due Q4 2026, key for confirming durability
** Names new next-gen obesity candidate MBX 5765, targeting multiple pathways for improved efficacy
** The minimal gastrointestinal side effects seen so far are an encouraging sign that the prodrug platform could support a differentiated tolerability profile - TD Cowen analysts
** MBX says it achieved proof of concept for imapextide in low blood sugar condition after weight-loss surgery
** Including session's move, stock up ~38% YTD
