Prediction: This Weight Loss Stock Will Be Acquired Within the Next Year
One of the biggest movements in the pharmaceutical industry right now is developing medications for weight loss. Glucagon-like peptide-1 (GLP-1) agonists such as Ozempic, Wegovy, Rybelsus, Saxenda, Mounjaro, and Zepbound are transforming how diabetes and obesity are treated.
What's amazing is that all of the medications listed above are manufactured by just two companies: Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY).
However, a small clinical-stage biopharmaceutical company called (NASDAQ: ALT) is developing a GLP-1 drug that has a major differentiator from those the current market offers. So far, Altimmune's testing for its obesity treatment, pemvidutide, has shown some promising results.
Source Fool.com
Altimmune Stock
€5.65
-3.470%
With 9 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
Based on the current price of 5.65 € the target price of 13 € shows a potential of 130.25% for Altimmune which would more than double the current price.
