March 16, 2026

Zealand Pharma shares drop 32% on obesity drug data

Zealand Pharma shares drop 32% on obesity drug data

Zealand Pharma’s shares plummeted by a record 32% following disappointing data from a Phase 2 trial of its obesity drug, petrelintide, which was tested on overweight and obesity patients without type 2 diabetes. The company is co-developing petrelintide in partnership with Roche, and despite this setback, Zealand Pharma continues to advance its obesity portfolio, including trials for another drug, survodutide, anticipated throughout the year.

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