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Benzinga
Benzinga
Business
Vandana Singh

Skye Bioscience's Investigational Drug Disappoints As Monotherapy For Weight Loss

SKYE Skye Bioscience Weight Loss
Diet,And,Dieting.,Beauty,Slim,Female,Body,Use,Tape,Measure.

Skye Bioscience Inc. (NASDAQ:SKYE) stock sank on Monday after the company released topline data from its 26-week Phase 2a CBeyond proof-of-concept study of nimacimab.

The nimacimab monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo (-1.52% vs. -0.26 for placebo, mITT).

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