Altimmune Announces Oral Presentations of Pemvidutide Clinical Data at Upcoming American Diabetes Association’s Scientific Sessions
Altimmune (Nasdaq: ALT), a clinical-stage biopharmaceutical company, will present data on their investigational drug, pemvidutide, at the American Diabetes Association’s (ADA) 84th Scientific Sessions from June 21-24, 2024, in Orlando, FL.
Pemvidutide, a GLP-1/glucagon dual receptor agonist, is being developed for obesity and NASH treatment. Two key presentations include:
- Dr. John J. Suschak discussing the effects of pemvidutide on cardioinflammatory lipids on June 22 at 4:45 PM EDT.
- Dr. Louis Aronne presenting 48-week Phase 2 trial data on June 23 at 1:45 PM EDT, also featured in ADA's Press Program.
Details will be available on Altimmune's website.
Presentation at ADA’s 84th Scientific Sessions could increase visibility and credibility.
Phase 2 trial of pemvidutide for obesity indicates ongoing clinical development.
Part of ADA's Press Program, enhancing attention and potential investor interest.
Focus on a dual receptor agonist (GLP-1/glucagon) addresses significant therapeutic areas (obesity and NASH).
No direct mention of positive clinical outcomes or significant trial results in the PR.
Lack of financial or revenue-related updates, leaving financial health and funding status unclear.
Omission of any regulatory advancements or approval timelines for pemvidutide.
GAITHERSBURG, Md., June 18, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced oral presentations on pemvidutide, an investigational GLP-1/glucagon dual receptor agonist in development for the treatment of obesity and MASH, at the American Diabetes Association’s (ADA) 84th Scientific Sessions, to be held in Orlando, FL from June 21-24, 2024.
Details for the oral presentations are as follows:
| Session Title: | Leveling Up Incretin-Based Therapy in Type 2 Diabetes |
| Session Date/Time: | Saturday, June 22, 2024, 4:30 PM - 6:00 PM |
| Presentation Title: | Effect of Pemvidutide, a GLP-1/Glucagon Dual Receptor Agonist, on Cardioinflammatory Lipids |
| Presenter: | John J. Suschak, Ph.D., Senior Director, Translational Science, Altimmune |
| Presentation Date/Time: | Saturday, June 22, 2024 at 4:45 pm EDT |
| Session Title: | Weighing Opportunities of Incretin-Based Therapy in Obesity |
| Session Date/Time: | Sunday, June 23, 2024, 1:30pm - 3:00pm |
| Presentation Title: | Pemvidutide, a GLP-1/Glucagon Dual Receptor Agonist, in Subjects with Overweight or Obesity –A 48-Week, Placebo-Controlled, Phase 2 (MOMENTUM) Trial |
| Presenter: | Louis Aronne, M.D., Professor of Metabolic Research and Professor of Clinical Medicine, Weil Cornell Medical School |
| Presentation Date/Time: | Sunday, June 23, 2024 at 1:45 pm EDT |
The presentation by Dr. Aronne will also be featured in the official Press Program for the American Diabetes Association’s 84th Scientific Sessions.
These presentations will be accessible on the Events section of the Altimmune website.
About Pemvidutide
Pemvidutide is a novel, investigational, peptide-based GLP-1/glucagon dual receptor agonist in development for the treatment of obesity and Metabolic Dysfunction-Associated Steatohepatitis (MASH). Activation of the GLP-1 and glucagon receptors is believed to mimic the complementary effects of diet and exercise on weight loss, with GLP-1 suppressing appetite and glucagon increasing energy expenditure. Glucagon is also recognized as having direct effects on hepatic fat metabolism, which is believed to lead to rapid reductions in levels of liver fat and serum lipids. In clinical trials to date, once-weekly pemvidutide has demonstrated compelling weight loss, robust reductions in triglycerides, LDL cholesterol, liver fat content and blood pressure. The U.S. FDA has granted Fast Track designation to pemvidutide for the treatment of MASH. Pemvidutide recently completed the MOMENTUM Phase 2 obesity trial and is being studied in the ongoing IMPACT Phase 2b MASH trial.
About Altimmune
Altimmune is a clinical-stage biopharmaceutical company focused on developing innovative next-generation peptide-based therapeutics. The Company is developing pemvidutide, a GLP-1/glucagon dual receptor agonist for the treatment of obesity and MASH. For more information, please visit www.altimmune.com.
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Company Contact:
Richard Eisenstadt
Chief Financial Officer
Phone: 240-654-1450
ir@altimmune.com
Investor Contacts:
Lee Roth
Burns McClellan
Phone: 646-382-3403
lroth@burnsmc.com
Julia Weilman
Burns McClellan
Phone: 646-732-4443
jweilman@burnsmc.com
Media Contact:
Danielle Cantey
Inizio Evoke, Biotech
Phone: 619-826-4657
Danielle.cantey@inizioevoke.com
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