US Stock Market Update | Redhill Biopharma surges 18% as opaganib shows potential for obesity-related diseases

Zhitong
2024.08.19 13:35
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Redhill Biopharma announced positive results from multiple in vivo studies. These studies support the potential clinical applications of opaganib in the prevention and treatment of type 2 diabetes and other obesity-related diseases. As of the time of writing, Redhill surged 17.89% in early trading to $0.342. The research results demonstrate the benefits of opaganib therapy in inhibiting weight gain, reduced glucose tolerance, and fat deposition induced by HFD (high-fat diet). Furthermore, in HFD models already obese, opaganib therapy can slow weight gain and restore glucose tolerance