Biophytis (BPTSY) has released an update.
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Biophytis, a biotech firm targeting age-related diseases, has filed an IND application with the FDA for a phase 2 obesity study of its drug BIO101. The international multicenter study, set to begin in mid-2024, aims to improve muscle strength in obese patients using BIO101 in combination with a hypocaloric diet and GLP-1 RAs. Anticipated to address a potential $100 billion market by 2030, Biophytis’s CEO highlights the strategic importance of this study for the company’s growth and potential partnerships.
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