Summary by Moomoo AI
SINDA BIOPHARMACEUTICAL CO., LTD. ANNOUNCED THAT ITS DEVELOPED NEW DRUG MESIDEPEPTIDE (IBI-362) WAS ACCEPTED IN FEBRUARY 2024 FOR A NEW DRUG LISTING APPLICATION (NDA) FROM THE NATIONAL MEDICINES REGULATORY AUTHORITY (NMPA) OF CHINA FOR THE TREATMENT OF OBESITY OR OVERWEIGHT IN ADULTS TO ACHIEVE LONG-TERM WEIGHT CONTROL. MARSETOPEPTIDE IS A GLP-1R/GCGR DUAL STIMULANT DESIGNED TO INCREASE ENERGY CONSUMPTION AND IMPROVE LIVER FAT METABOLISM BY PROMOTING INSULIN SECRETION, LOWERING BLOOD SUGAR, AND LOSING WEIGHT. GLORY-1, A Phase III clinical trial of the drug in China, reached the main study endpoint and all key secondary endpoints in January 2024, showing that methylated peptide significantly improved body weight and cardiovascular metabolism indicators compared to the placebo group. The company plans to publish more detailed research data in academic conferences and academic journals in 2024. Sinda Biopharmaceuticals will jointly promote the development of mastidine and actively work with regulatory authorities to provide an effective and safe treatment for the obese and overweight population in China.