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Fractyl Health, Inc. - $GUTS STOCK NEWS

Welcome to our dedicated page for Fractyl Health news (Ticker: $GUTS), a resource for investors and traders seeking the latest updates and insights on Fractyl Health stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fractyl Health's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Fractyl Health, Inc. (Nasdaq: GUTS) will present at BofA Securities 2024 Health Care Conference. Dr. Harith Rajagopalan, CEO, will participate in a fireside chat on May 15, 2024. The Company focuses on innovative treatments for obesity and type 2 diabetes.

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Fractyl Health, Inc. (Nasdaq: GUTS) will report Q1 2024 financial results and business updates on May 13, 2024. The company focuses on metabolic therapeutics for obesity and T2D, hosting a conference call at 4:30 p.m. ET.

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Fractyl Health, Inc. (Nasdaq: GUTS) will present new data at the German Diabetes Association (DDG) Annual Meeting on its real-world registry study of Revita for T2D and at the Digestive Disease Week (DDW) on the potential of Rejuva in reducing liver fat. The presentations include clinical updates and preclinical data demonstrating the effectiveness of their metabolic therapeutics in treating obesity and T2D.

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Fractyl Health, Inc. appoints Adrian Kimber as Chief Commercial Officer, bringing extensive experience in biotechnology and medical devices. The company aims to launch its Revita® system for treating obesity and Type 2 diabetes, with Mr. Kimber's expertise crucial for success.
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management
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Fractyl Health (Nasdaq: GUTS) received IDE approval for the Revita Remain-1 pivotal study for weight maintenance in obese patients discontinuing GLP-1 based drugs. They completed enrollment in the Revitalize-1 study for T2D patients and announced RJVA-001 as the first Rejuva GLP-1 gene therapy candidate. The company raised $110 million in an IPO, ensuring funding through 2025.
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Fractyl Health, Inc. receives FDA approval for pivotal study on Revita to maintain weight loss post GLP-1RA discontinuation, addressing obesity treatment gap. Remain-1 trial to begin in 2024, targeting durable weight maintenance. Revita aims to offer lasting weight loss benefits after stopping GLP-1 based drugs.
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Fractyl Health, Inc. announces promising preclinical results for RJVA-001, its first GLP-1 gene therapy candidate, showcasing significant glucose lowering and weight loss in db/db mice. The human GLP-1 transgene sequence in RJVA-001 demonstrated up to 50% blood sugar reduction and 11% weight loss compared to chronic semaglutide. These findings pave the way for a potentially transformative approach to treating obesity and type 2 diabetes.
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Fractyl Health, Inc. (Nasdaq: GUTS) appoints Samuel Conaway to its Board of Directors, bringing extensive experience in medical technology commercialization. His leadership will aid in pivotal clinical studies for Type 2 Diabetes and weight loss maintenance, emphasizing the company's commitment to developing innovative treatment options.
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Fractyl Health (Nasdaq: GUTS) announced the pricing of its initial public offering of 7,333,333 shares of common stock at a public offering price of $15.00 per share, for total gross proceeds of approximately $110.0 million. The offering is expected to close on February 6, 2024, and Fractyl Health has granted the underwriters a 30-day option to purchase up to an additional 1,099,999 shares of its common stock at the initial public offering price. The company's common stock is expected to begin trading on the Nasdaq Global Market on February 2, 2024, under the ticker symbol 'GUTS'. BofA Securities, Morgan Stanley, and Evercore ISI are acting as joint book-running managers. A registration statement relating to the securities being sold in the offering has been declared effective by the U.S. Securities and Exchange Commission on February 1, 2024.
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Fractyl Health, Inc.

Nasdaq:GUTS

GUTS Rankings

GUTS Stock Data

304.51M
47.88M
Surgical & Medical Instruments & Apparatus
United States of America
BURLINGTON