Roche and Zealand’s obesity contender clears phase 2, but investors were looking for more
Roche and Zealand Pharma have delivered a clinically positive phase 2 readout for petrelintide, their amylin-based obesity drug, but the market reaction made clear that “positive” is no longer enough in the weight-loss race. After the companies reported that patients achieved up to 10.7% mean weight loss at 42 weeks, shares in both partners fell sharply as investors questioned whether the candidate can stand out in an increasingly crowded field.
