Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss - Skye Bioscience (NASDAQ:SKYE)
Nimacimab combined with semaglutide led to 13.2% weight loss versus 10.25% with semaglutide alone, with 100% of patients losing over 5% body weight, Skye Bioscience reported.
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Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss - Skye Bioscience (NASDAQ:SKYE)
Skye Bioscience Inc. (NASDAQ:SKYE) stock sank on Monday after the company released topline data from its 26-week Phase 2a CBeyond proof-of-concept study of nimacimab. The nimacimab monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo (-1.52% vs. -0.26 for placebo, mITT). Preliminary pharmacokinetic analysis showed lower than expected drug exposure of nimacimab, supporting evaluation of higher dosing. Also Read:…
Skye Bioscience’s obesity drug fails to meet main goal of mid-stage study - Regional Media News
(Reuters) -Skye Bioscience said on Monday its experimental drug did not help overweight adults achieve significant weight loss compared to placebo, failing to meet the main goal of a mid-stage study and sending its shares slumping 66% before the bell. The company said patients receiving the experimental drug, nimacimab, lost 1.52% of their body weight compared to 0.26% for those on placebo. However, patients who took nimacimab together with sema…
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