Fractyl Health Strengthens Revita Patent Portfolio
Fractyl Health reported the strengthening of its patent portfolio for its Revita DMR system as it progresses toward FDA submission.
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Morgan Stanley analyst Michael Ulz maintains Fractyl Health (NASDAQ:GUTS) with a Equal-Weight and lowers the price target from $24 to $4.
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Fractyl Health reported the strengthening of its patent portfolio for its Revita DMR system as it progresses toward FDA submission.
Fractyl Health released findings from a market survey indicating significant patient interest in a one-time procedural approach for weight maintenance following GLP-1 therapy.
Fractyl Health is sharpening its focus on its lead product candidate, Revita, while discontinuing its Rejuva gene therapy program and reducing its workforce by approximately 45%.
Fractyl Health has appointed Harith Rajagopalan as president following the retirement of Jay Caplan.
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