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Biomea's oral GLP-1 BMF-650 posts phase 1 data and its stock falls 30%

Mean weight loss was 1.5% to 3.2% at day 29. The cash-strapped biotech says the drug is easier on the gut and wants a partner to run phase 2.

Read at Fierce Biotech

Recap by typeshit. Full story at Fierce Biotech.