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Statistically significant trial results enhance pemvidutide's market potential. Similar past trials have led to price recoveries in biotech stocks.
What happened, with direct paths to the underlying reporting
Altimmune's pemvidutide shows significant improvement in liver health markers. Patients achieved notable weight loss compared to placebo in recent trial. FDA supports advancing pemvidutide to Phase 3 trial starting in 2026. Current ALT stock price is $3.98, down 21.19% recently.
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