Wall Street awaits Amgen weight-loss drug data expected to move shares
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Amgen is set to release data from a mid-stage study of its experimental weight-loss drug, MariTide. This data will provide insights into how MariTide compares to existing GLP-1 drugs by Eli Lilly and Novo Nordisk, potentially impacting Amgen's stock price.
November 21, 2024 | 11:30 am
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Amgen's upcoming data release for its weight-loss drug MariTide could significantly impact its stock price, depending on how the drug compares to competitors' GLP-1 drugs.
The release of data from Amgen's mid-stage study of MariTide is crucial as it will determine the drug's competitive standing against established GLP-1 drugs. Positive results could boost Amgen's stock, while negative results might have the opposite effect.
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