tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Laekna, Inc. Advances Obesity Treatment with Promising Clinical Trial Results

Story Highlights
Laekna, Inc. Advances Obesity Treatment with Promising Clinical Trial Results

TipRanks Cyber Monday Sale

The latest announcement is out from Laekna, Inc. ( (HK:2105) ).

Laekna, Inc. announced significant progress in its clinical trials for LAE102, a monoclonal antibody targeting obesity. The company completed a Phase I study in China, demonstrating promising results in muscle preservation and weight control, and has initiated a multiple ascending dose study. Additionally, Laekna has partnered with Eli Lilly to accelerate global clinical development, with a U.S. Phase I trial underway. These developments position Laekna as a key player in obesity treatment innovation, potentially impacting its market presence and offering new options for patients.

The most recent analyst rating on (HK:2105) stock is a Buy with a HK$26.46 price target. To see the full list of analyst forecasts on Laekna, Inc. stock, see the HK:2105 Stock Forecast page.

More about Laekna, Inc.

Laekna, Inc. is a biopharmaceutical company focused on the development of innovative therapies, particularly in the field of monoclonal antibodies targeting ActRII receptors. The company is engaged in clinical and pre-clinical candidate development, aiming to provide novel treatment options for conditions such as obesity.

Average Trading Volume: 4,868,500

Technical Sentiment Signal: Strong Buy

Find detailed analytics on 2105 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1