News · Yahoo Finance

Forget Eli Lilly and Novo: This Biotech Could Be a Surprising Winner in the Weight Loss Market

Regeneron (REGN) has at least two promising weight-loss candidates in its pipeline. Olatorepatide, licensed from a China-based company, mimics the GLP-1 and GIP hormones; in a Phase 3 study in China it led to mean weight loss of up to 19% over 48 weeks, with lower gastrointestinal adverse event rates than some competing drugs, though late-stage U.S. trials are still needed. Trevogrumab is not a weight-loss drug but is designed to be used alongside anti-obesity medicines to help preserve lean mass; in a Phase 2 study with Novo's semaglutide, lean mass preservation reached up to 42.5% versus 7.3% with semaglutide plus placebo. Dupixent, an eczema medicine co-marketed with Sanofi, remains the main growth driver: Regeneron's second-quarter revenue rose 17% year over year to $4.3 billion, and Dupixent's global sales increased 38% to $6 billion. U.S. combined revenue from Eylea and Eylea HD fell 12% to $1 billion amid biosimilar competition, while HD Eylea sales reached $596 million, up 52%.

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