Zafgen's obesity drug succeeds in mid-stage trial

Send a link to a friend  Share

[February 18, 2016]  (Reuters) - Drug developer Zafgen Inc said on Thursday that its drug to treat obesity in diabetic patients met the main goal of reducing body weight.

The company's shares were up 15 percent at $8.58 in light premarket trading.

Patients given 1.8 mg and 1.2 mg doses of the drug, beloranib, experienced 12.7 and 13.5 percent reduction in body weight, respectively. Patients given a placebo only lost 3.1 percent of their weight.

Last month, Zafgen said the drug was also successful in treating Prader-Willi syndrome (PWS), the most common genetic cause of life-threatening obesity, in a late-stage trial.

The latest results were from trials conducted before the U.S. Food and Drug Administration asked Zafgen to halt all tests on the drug in December after a second patient died from an artery blockage in the lung during a trial.

 

Zafgen plans to present to the FDA data from both trials and a proposal for a risk mitigation strategy for beloranib in PWS to resolve the complete clinical hold.

The company said it was working to better understand the potential impact of the drug on thrombosis. Both patient deaths associated with the treatment were related to blood clotting.

[to top of second column]

In the latest trial, a total of nine serious adverse events were identified in eight patients, including pulmonary embolism and deep vein thrombosis.

Zafgen's shares closed at $7.44 on the Nasdaq on Wednesday.

(Reporting by Amrutha Penumudi in Bengaluru; Editing by Savio D'Souza and Maju Samuel)

[© 2016 Thomson Reuters. All rights reserved.]

Copyright 2016 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Back to top