Development

Alveus takes aim at post-semaglutide weight regain with ALV-100

Alveus takes aim at post-semaglutide weight regain with ALV-100

Alveus Therapeutics Inc., a clinical-stage biotech with operations in Boston and Copenhagen, has dosed its first patient in a Phase II study of ALV-100, its bifunctional glucose-dependent insulinotropic polypeptide receptor (GIPR) antagonist and glucagon-like peptide-1 receptor (GLP-1R) agonist fusion protein, positioning the company to generate controlled evidence on whether this class of molecule can sustain weight loss after patients transition off semaglutide.

The PRESERVE trial is a randomized, double-blind, placebo-controlled study enrolling approximately 220 adults across multiple US sites who have lost at least 10% of body weight and reached a stable weight on semaglutide. Participants will be randomized to one of four ALV-100 dose regimens or placebo for 24 weeks, with the primary endpoint measuring percentage change in body weight from randomization. The design is explicitly a maintenance study — not an induction trial.

ALV-100 combines GLP-1 receptor agonism with GIPR antagonism, a mechanism Alveus believes could support durable weight control with less frequent treatment. The GIPR antagonist component differentiates ALV-100 from semaglutide and from Eli Lilly's tirzepatide, which activates rather than inhibits GIPR. PRESERVE is not designed to compare the two GIP strategies directly; instead, it will test whether monthly ALV-100 can maintain weight loss after patients discontinue semaglutide.

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A Phase Ib dose-escalation study in overweight and obese participants with or without type 2 diabetes is currently recruiting separately. Alveus acquired global rights outside greater China to ALV-100 from Gmax Biopharm International Ltd in 2024, and closed a USD 197 million Series A financing in February 2026 with participation from Novo Holdings, Jeito Capital, New Rhein Healthcare Investors, Andera Partners, Omega Funds, and Sanofi Capital, among others. The company said it targets a Phase III-ready program within 18 to 24 months of that closing.

Weight regain after withdrawal of GLP-1-based therapy has become an increasingly important development target as obesity treatment moves toward long-term maintenance strategies. PRESERVE is unusual in specifically enrolling patients who have already achieved and stabilized substantial weight loss on semaglutide, making the trial a direct test of whether ALV-100 can serve as a lower-burden maintenance therapy after initial GLP-1 treatment.


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