UNITED LAB (03933) announced that its wholly-owned subsidiary, United Biotechnology (Zhuhai Hengqin) Co., Ltd., has received approval from the U.S. Food and Drug Administration (FDA) for its Investigational New Drug (IND) applications for the Phase 1 innovative drug UBT48128. The approvals cover indications for overweight or obesity and type 2 diabetes, with IND numbers 182060 and 182061, respectively.
UBT48128 is a small molecule glucagon-like peptide-1 (GLP-1) receptor agonist. It works by promoting insulin secretion while also controlling appetite and modulating energy metabolism, thereby reducing blood glucose levels and body weight. Preclinical studies in multiple animal models have shown that UBT48128 can significantly reduce body weight and blood glucose, with weight loss results outperforming currently marketed similar products.
The product is expected to demonstrate strong therapeutic benefits in treating overweight or obesity and type 2 diabetes. Going forward, UNITED LAB will continue to focus on developing new products, with a specific emphasis on enhancing its competitiveness and innovation in the biopharmaceutical industry. The company aims to deepen its presence in the chronic disease treatment field, serving patients with higher-quality products and a more comprehensive pipeline, which is expected to generate greater returns for the company and its shareholders.