Ascletis hits record high on weight loss drug's potential in early trial
** Ascletis Pharma 1672.HK rises 9.7% to record high of HK$15.95; set for fifth straight session of gains ** Pharmaceutical products maker says its ASC47 shows greater efficacy with tirzepatide ** Notes pre-clinical data builds on evidence of ASC47's potential as important therapeutic approach to treat obesity ** Adds ASC47 low dose and tirzepatide combination shows 87% more relative weight loss vs tirzepatide monotherapy ** ASC47 is a muscle-preserving weight loss drug candidate for treatment of obesity ** YTD, stock surges 426.6% (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))
Recent news on Ascletis Pharma
See all newsFactbox: Race to launch weight-loss pill heats up as Novo wins UK approval
Brief: Ascletis Announces Fixed-Dose Combination of ASC30, Once-Daily Oral Small Molecule GLP-1R Agonist, and ASC39, Once-Daily Oral Small Molecule Amylin-Selective Amylin Receptor Agonist, for Clinical Development
Factbox: Race to launch weight-loss pill heats up as Lilly wins US approval
Brief: Ascletis Pharma FY Loss Attributable Rmb359.9 Million
Brief: Ascletis Pharma Expects To Submit IND Application To U.S. FDA For ASC39 In Q3 2026