Strengthened Financial Position
Fractyl Health strengthened its financial position through a $23 million underwritten public offering of common stock, led by leading healthcare investors. This financing positions the company to capture the value of its clinical and strategic progress.
Reduction in Burn Rate
The company reduced its burn rate from $25.4 million in Q1 to $19.8 million in Q2 by winding down spend on noncritical programs.
Revita's Long-Term Efficacy
Revita showed up to two years of benefit in weight maintenance and blood sugar control in a German real-world registry study, with even greater improvements in body weight at two years than at one year.
REVEAL-1 Positive Data
In June, Fractyl shared positive 3-month open-label data from the REVEAL-1 cohort, where patients demonstrated weight stability after stopping tirzepatide, with nearly half losing more weight post-drug.