Veru Inc ( (VERU) ) has released its Q3 earnings. Here is a breakdown of the information Veru Inc presented to its investors.
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Veru Inc. is a late clinical stage biopharmaceutical company that develops innovative medicines for treating cardiometabolic and inflammatory diseases, with a focus on drugs like enobosarm and sabizabulin.
In its fiscal 2025 third quarter earnings report, Veru Inc. announced positive results from its Phase 2b QUALITY study, highlighting the efficacy and safety of enobosarm in combination with semaglutide for chronic weight loss management. The company also shared progress on its clinical development programs and financial performance.
Key highlights from the report include the successful outcomes of the Phase 2b QUALITY and Maintenance Extension studies, where enobosarm demonstrated significant benefits in preserving lean mass and enhancing fat loss compared to semaglutide alone. The studies showed that enobosarm effectively reduced body weight regain and maintained lean mass after semaglutide discontinuation. Additionally, Veru announced the selection of a novel modified release oral formulation of enobosarm, which is expected to advance into further clinical studies.
Financially, Veru reported a decrease in research and development expenses and a reduction in net loss from continuing operations compared to the previous year. The company remains focused on advancing its clinical programs and anticipates feedback from the FDA regarding the regulatory pathway for enobosarm.
Looking ahead, Veru Inc. is optimistic about the potential of enobosarm as a body composition drug and is preparing for further clinical studies. The company continues to strengthen its intellectual property position and aims to bring innovative treatments to market for chronic weight loss management.