EXCLUSIVE: Vivani Medical Highlights Weight Loss Data For GLP-1 Implant Supporting Potential Veterinary Use
Portfolio Pulse from Vandana Singh
Vivani Medical Inc (NASDAQ: VANI) announced positive proof-of-concept weight loss data for its GLP-1 implant, OKV-119, designed to treat feline obesity and diabetes. The study, published in BMC Veterinary Research, showed that a single OKV-119 implant effectively delivered exenatide for 3 months, inducing weight loss in cats. Vivani plans to extend the duration of OKV-119 to 6 months for future studies.
May 28, 2024 | 11:30 am
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POSITIVE IMPACT
Vivani Medical Inc announced positive proof-of-concept data for its GLP-1 implant, OKV-119, in treating feline obesity. The study showed effective 3-month exenatide delivery, with plans to extend to 6 months. This could boost investor confidence in VANI's innovative solutions.
The positive proof-of-concept data for OKV-119 demonstrates Vivani's innovative approach to treating obesity, which could enhance investor confidence and potentially drive up the stock price. The extension to a 6-month duration further strengthens the product's market potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100