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NetworkNewsBreaks – Neothetics (NASDAQ: NEOT) Initiates Phase 2 Trial of Fat Reduction Drug; Shares Higher

Company: Neothetics, Inc. (NEOT)
Category: News

Neothetics (NASDAQ: NEOT) says it has commenced the phase 2 proof of concept trial for its fat reduction candidate, LIPO-202. Study endpoints include both safety and efficacy measurements, and the company expects to report top-line data in late second quarter 2017. “The initiation of our Phase 2 proof of concept trial for LIPO-202 for the reduction of submental fat is a significant milestone for Neothetics … We continue to believe LIPO-202 could have exceptional impact in the submental fat reduction market,” Neothetics’ operating committee and board of directors member Kim Kamdar, Ph.D. stated in the news release.

To view the full press release, visit: http://nnw.fm/YsT22

About Neothetics, Inc.

Neothetics is a clinical-stage specialty pharmaceutical company focused on development and commercialization of therapeutics for the aesthetic market.  Our current focus is on localized fat reduction and body contouring. Neothetics’ product candidate, LIPO-202, is a potential injectable treatment for undesirable, localized areas of fat that requires no pain management before or after treatment and no downtime without damage to nearby tissues. Neothetics, LIPO-202, LIPO-102 and the Neothetics logo are trademarks or registered trademarks of Neothetics, Inc. Other names and brands may be claimed as the property of others. For more information on Neothetics, please visit www.neothetics.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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