There are many weight loss drugs in the pipeline seeking approval or in their last development stages. Many drugs have same mechanism like that of already approved drugs, which is now used by people. Some have combination approach while some have single agents.
According to Cory Kasimov at JPMorgan “physical consultants believe single agents will have limited benefit because they can only target one pathway effectively, which is likely insufficient to produce long-term, sustained weight loss.” The doctors also think that the combination approach will become standard of care.
According to Kasimov, JPMorgan analyst, the only drug that produced significant results of weight loss, Fen-Phen, was a combination drug and it demonstrated 15 percent weight loss and generated 20 million prescriptions annually before it was recalled for safety concerns.
Merck and Pfizer, two major pharmaceutical companies are conducting Phase III trials with CB1 blockers MK-0364 that is named taranabant and CP-945598, respectively. Another drug maker, Arena Pharmaceuticals is in Phase III with lorcaserin that agonizes the 5-HT2c serotonin receptor.
Alizyme Therapeutics Ltd. is also in the process of seeking approval and finding a partner for Phase III trials of Cetilistat that is a gastrointestinal lipase inhibitor. Other combination drugs for obesity treatment are in their last development stages and they are Contrave and Qnexa.
According to Kasimov’s projections, the market for prescription obesity drugs will grow from $200 million in 2007 to $1.5 billion in 2012 and more than $4.6 billion in 2017. |