From Benzinga's Healthcare Summit: Vivani Medical Co-Founder & CEO, Adam Mendelsohn Says 'If You Stop Taking Weight loss Medications Your Weight Will Come Back Fairly Quickly Co is Working On A Drug Where This Does Not Happen'
Portfolio Pulse from Benzinga Newsdesk
At Benzinga's Healthcare Summit, Vivani Medical's Co-Founder & CEO, Adam Mendelsohn, discussed the company's development of a weight loss drug designed to prevent weight regain after discontinuation. This addresses a common issue with existing weight loss medications, where patients often regain weight quickly once they stop taking the drugs.
March 20, 2024 | 5:14 pm
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Vivani Medical is working on a groundbreaking weight loss drug that aims to prevent the rapid weight regain commonly experienced after stopping current medications.
The development of a weight loss drug that prevents rapid weight regain could position Vivani Medical as a leader in the weight loss medication market. This innovation addresses a significant drawback of current treatments, potentially leading to increased demand and positive market reception. However, the impact on the stock price will depend on the drug's clinical trial results, regulatory approval, and market acceptance.
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