Financial PerformanceFinancial results were encouraging, with Imcivree sales for 2Q being $48.5M, above consensus estimates.
Market OpportunitySetmelanotide hits in the Phase 3 TRANSCEND trial for hypothalamic obesity, unlocking a multi billion-dollar opportunity and derisking the next-generation MC4R agonists.
Regulatory AdvancementsThe FDA accepted the sNDA filing for setmelanotide with Priority Review for conditions associated with acquired hypothalamic obesity.