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ARWR — Arrowhead Pharmaceuticals News Story

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Arrowhead Pharmaceuticals rises on promising early-stage data for obesity treatments

** Shares of drug developer Arrowhead Pharmaceuticals ARWR.O jump 15.3% to $73.66

** Co says early-stage trial showed its experimental treatment ARO-INHBE, in combination with Eli Lilly's LLY.N tirzepatide, achieved an average 9.4% weight loss over 16 weeks in obese patients with type 2 diabetes

** In another early-stage trial, co's other experimental gene-based therapy for obesity, ARO-ALK7, showed an average reduction of 88% in the ALK7 gene over 8 weeks

     ** Targeting the ALK7 gene can help treat obesity and metabolic disorders by altering how fat cells store and burn energy

** Both experimental treatments were well tolerated - ARWR

** ARWR has more than tripled in the past 12 months

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com;))

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