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【私募调研记录】保银投资调研博瑞医药
Zheng Quan Zhi Xing· 2025-09-02 00:09
Group 1 - The core viewpoint of the news is that the company BoRui Pharmaceutical is advancing its weight loss drug candidates BGM0504 and BGM1812, with IND applications submitted in both the US and China, and BGM0504's Phase I clinical trial approved by the FDA [1] - BGM0504 tablet for weight loss has received IND approval in the US and China, with the first dose group about to start administration [1] - BGM1812 injection for weight loss has also submitted IND applications in both countries, while the oral tablet is in preclinical research [1] Group 2 - The company is developing multiple formulations based on GLP-1/GIP dual targets and mylin-like molecules to meet the needs of different weight loss populations [1] - BGM0504 injection has completed US bridging clinical trials and is preparing for Phase III trials, with domestic collaboration with China Resources Sanjiu for R&D and commercialization [1] - The oral formulation of BGM1812 aims for efficient transmembrane delivery and rapid absorption, with advantages pending clinical pharmacokinetic data verification [1] Group 3 - BGM2101 combines BGM0504 with weekly insulin for diabetes treatment, while BGM2102 is a dual-drug combination exploring significant weight loss or low-dose safety, currently in preclinical stages [1] - The company is focusing on new targets such as Myostatin and MC4R, planning to develop long-acting formulations in conjunction with GLP-1 drugs [1] - The oral technology platform is collaborating with Aoli Bio to optimize multi-stage delivery efficiency for the development of BGM0504 and BGM1812 oral tablets [1]