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If These 3 Words Are True, Altimmune's Weight Loss Candidate Could Beat Novo Nordisk's Wegovy
ALTAltimmune(ALT) The Motley Fool·2024-06-29 15:34

The market for weight loss medicines keeps getting hotter and hotter.For most of its existence, Altimmune (ALT 4.15%) has been a little-known biotech aspiring to compete in a world dominated by whales like Novo Nordisk (NVO -1.21%), the maker of the hit weight loss drug Wegovy and the blockbuster Ozempic for type 2 diabetes.But if management's three-word hunch about the company's lead program is right -- and there's at least one critical piece of evidence hinting that it is -- Wegovy's reign could face a se ...