Altimmune: Upcoming MASH Data Could Be High Impact For Business Development Activity

May 29, 2025 10:25 AM ETAltimmune, Inc. (ALT) StockALT34 Comments
Biotech Beast
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Summary

  • ALT is approach a readout from IMPACT, a phase 2b study of pemvidutide in MASH.
  • MDGL's results with its launch of MASH drug Rezdiffra demonstrate the multi-billion-dollar potential of a MASH drug, although pemvidutide will be compared to other competitors.
  • ALT has also initiated a trial of pemvidutide in alcohol use disorder, with a trial in alcohol liver disease set to start in Q3 '25.

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NISIT RAWO

Altimmune Inc. (ALT) has an upcoming readout from the IMPACT phase 2b study of pemvidutide in metabolic dysfunction-associated steatohepatitis [MASH]. I rated ALT a buy in December 2024, based on the idea that pemvidutide's profile and ALT's valuation

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