Veru To Host Investor Call On January 4th, 2024 To Discuss Recent Financing And Strategy To Prioritize The Development Of Enobosarm As A Combination Treatment To Prevent Muscle Loss And Augment Fat Loss Associated With Weight Loss GLP-1 Drugs
Portfolio Pulse from Benzinga Newsdesk
Veru Inc. announced an investor call on January 4, 2024, to discuss recent financing and its strategy to prioritize the development of enobosarm, a treatment for obesity that prevents muscle loss and augments fat loss in combination with GLP-1 drugs. The company plans a Phase 2b trial for enobosarm and expects first clinical data in Q4 2024. The recent financing is expected to support the company beyond the clinical milestones of this trial.
December 19, 2023 | 1:42 pm
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Veru Inc. is set to discuss its recent financing and the development of enobosarm for obesity treatment on an investor call. The company's focus on this novel treatment and the secured financing could positively influence investor sentiment.
The announcement of the investor call to discuss strategic developments and recent financing is likely to be viewed positively by investors, as it indicates progress in the company's pipeline and financial stability. The focus on enobosarm, which has shown promising results in clinical studies, could further boost investor confidence in the company's future prospects.
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