Veru Submits IND Application To FDA For Development Of Enobosarm To Prevent Muscle Loss While Augmenting Fat Loss In Combination With GLP-1 Drugs For Weight Loss
Portfolio Pulse from Benzinga Newsdesk
Veru Inc. has submitted an Investigational New Drug (IND) application to the FDA for the development of Enobosarm, a drug aimed at preventing muscle loss and promoting fat loss in combination with GLP-1 drugs for weight loss. This submission marks a step forward in the company's efforts to address the needs of individuals seeking weight loss solutions that also preserve muscle mass.
January 08, 2024 | 1:38 pm
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Veru Inc. has submitted an IND application for Enobosarm, which could potentially enhance the company's product portfolio in the weight loss market by preventing muscle loss and aiding fat loss in combination with GLP-1 drugs.
The submission of an IND application to the FDA is a positive development for Veru Inc., indicating progress in its drug development pipeline. If approved, Enobosarm could address a significant market need in the weight loss sector, potentially leading to increased investor interest and a positive impact on the stock price in the short term.
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