Pfizer (PFE) Study update summary
Event summary combining transcript, slides, and related documents.
Study update summary
26 Jun, 2026Study design and population
Berobenatide was evaluated in multiple Phase IIb trials (VESPER-1, -2, -3) in adults aged 18–75 years with overweight/obesity, with and without type 2 diabetes, using weekly and monthly dosing regimens.
Trials included randomized, placebo-controlled periods and open-label extensions, with primary endpoints focused on percent change in body weight.
Key study results and efficacy insights
Phase IIb trials showed monthly berobenatide achieved weight loss on par with weekly tirzepatide and potentially superior to semaglutide at matched time points and doses.
At the medium Phase III dose (4.8 mg monthly), berobenatide delivered up to 12.3% placebo-corrected weight loss at week 28 in VESPER-3; VESPER-1 OLE showed 10.3–14.9% weight reduction at week 60, and placebo switchers achieved 15.9–16.8%.
VESPER-2 (type 2 diabetes): up to 10.2% weight loss and 2.2% HbA1c reduction at 28 weeks; dose-dependent reductions in both body weight and HbA1c observed.
High-dose extension data (2.4 mg weekly) showed mean weight loss of ~16% at 32 weeks, with modeling predicting even greater loss at higher doses.
Model-based meta-analysis using data from 69 trials and 32,000+ patients supports berobenatide's efficacy and aligns with observed results, predicting monthly efficacy similar to tirzepatide and potentially better than semaglutide at 72 weeks.
Safety and tolerability
Across studies, most gastrointestinal adverse events were mild or moderate; 96% of participants had no or only mild GI adverse events in VESPER-1 extension.
No treatment discontinuations due to GI events in any arm; discontinuation due to AEs was ≤14.8% in any group, and vomiting rates were under 20% at high doses.
Tolerability improved with gradual titration; phase III will use smaller dose increments and allow down-titration for GI events.
Mild, transient increases in GI events occurred at the weekly-to-monthly transition but resolved quickly.
In VESPER-3, 83% reported no or mild GI AEs; discontinuation due to GI AEs was <10%.
Latest events from Pfizer
- 2024 saw double-digit operational growth, margin gains, and robust pipeline progress; 2025 targets reaffirmed.PFE
Q4 20249 Jul 2026 - Q3 2024 revenue grew 31–32% to $17.7B, with raised guidance and strong oncology and pipeline momentum.PFE
Q3 20249 Jul 2026 - A two-dose C. difficile vaccine is in Phase 2, with Phase 3 possible in late 2025.PFE
Status Update8 Jul 2026 - ADCs drive oncology innovation with strong clinical results and advanced technologies.PFE
Status Update8 Jul 2026 - 2025 revenue hit $62.6B, non-COVID portfolio grew 6%, and adjusted EPS rose to $3.22.PFE
Q4 20258 Jul 2026 - Board and management proposals passed; shareholder proposals rejected; focus on R&D and value creation.PFE
AGM 20258 Jul 2026 - AI-driven transformation and pipeline advances set the stage for robust post-2028 growth.PFE
Goldman Sachs 47th Annual Global Healthcare Conference 20268 Jun 2026 - Oncology, AI, and global partnerships drive innovation amid shifting regulatory and competitive landscapes.PFE
Jefferies Global Healthcare Conference 20263 Jun 2026 - Q1 2026 revenue up 5% to $14.5B, with robust growth in new products and guidance reaffirmed.PFE
Q1 20265 May 2026