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VisitMarket performance of Roche's obesity drug in its first year post-approval
Becomes market leader in obesity drugs • 30%
Performs moderately without leading the market • 30%
Underperforms compared to existing treatments • 40%
Market analysis reports and Roche's annual financial reports
Roche's Obesity Drug Shows Positive Phase I Results, Shares Rise 4.7% After 18.8% Weight Loss
May 16, 2024, 09:25 AM
Roche has reported positive Phase I results for its experimental obesity drug, developed by newly acquired Carmot Therapeutics. The trial showed an average weight loss of approximately 18.8%, leading to a 4.7% increase in Roche shares at the market open on Thursday. The company described the results as 'encouraging' amidst growing competition in the obesity drug market. This marks the first clinical readout since Roche acquired Carmot Therapeutics for $2.7 billion.
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Exceeds market expectations • 33%
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Exceeds market expectations • 33%
Meets market expectations • 34%
Falls below market expectations • 33%
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Outperforms all major competitors • 33%
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Approved without restrictions • 40%
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Approved with specific conditions • 40%