Zealand Pharma: partner starts two phase I studies.
(CercleFinance.com) - Zealand Pharma said that its German partner Boehringer Ingelheim has started two Phase 1 trials on two novel treatments for obesity and/or diabetes.
The first deals with a glucagon/GLP-1 agonist that has the potential for once-weekly administration for the treatment of obesity and/or type-2 diabetes and the second with a novel differentiated long-acting amylin analog for the treatment of obesity and/or diabetes.
Both compounds were invented through Zealand and Boehringer Ingelheim research collaboration.
After this initiation, Zealand to receive a 4 million euros (30 million Danish kroner) milestone payment.
Results on both compounds are expected in late 2018.
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