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Metsera initiated with an Outperform at Evercore ISI

Metsera initiated with an Outperform at Evercore ISI

Evercore ISI analyst Umer Raffat initiated coverage of Metsera (MTSR) with an Outperform rating. Metsera has a full portfolio of GLP-1 programs in clinical development and its GPL-1 peptide has a long half life, which could enable monthly dosing, the analyst tells investors. Given the long half life of its GLP-1 peptide and slightly improved bioavailability of its oral peptide delivery technolgy, Metsera’s “API math for oral is quite reasonable/doable,” the analyst argues.

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