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Revolution Medicine Shares Fall 6% and Zealand Pharma Announces Clinical Results

BioPharma Dive ·

RVMD Revolution Medicines Inc
$189.76 +0.87%
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  1. 1Revolution Medicine shares fell 6% following the release of FDA review documents.
  2. 2Zealand Pharma recorded a 9% weight reduction relative to body weight in obesity and diabetes patients during a 28-week Phase 2 clinical trial.
  3. 3The Phase 2 clinical trial for obesity and diabetes patients showed an additional 7 percentage point weight reduction compared to the placebo over 28 weeks.

So what's the key point?

Revolution Medicine shares dropped 6%. Zealand Pharma announced trial results showing that obesity patients lost 9% of their body weight.

Source BioPharma Dive · View original ↗

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