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flag Amgen's new obesity drug, MariTide, shows promising weight loss results but fails to meet market expectations.

flag Amgen's experimental obesity drug, MariTide, showed promising results in a Phase 2 trial, with patients losing up to 20% of their weight after a year. flag The drug, given monthly by injection, also showed no weight loss plateau and improvements in cardiometabolic health. flag Despite these positive outcomes, Amgen's stock fell as the results did not meet Wall Street's high expectations. flag MariTide is expected to compete with weekly injections from other companies and could be a significant player in the $150 billion obesity treatment market. flag Common side effects included gastrointestinal issues like vomiting and nausea.

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