Veru Enters Clinical Supply Agreement with Novo Nordisk
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2026
0mins
In a regulatory filing, Veru (VERU) announced that on June 2, the company entered into a clinical supply agreement with Novo Nordisk A/S (NVO) in conjunction with the company's Phase 2b PLATEAU clinical study. The objective of the Phase 2b PLATEAU clinical study is to evaluate the combination of enobosarm, the company's oral, first-in-class, novel small molecule, selective androgen receptor modulator, with Novo Nordisk's Wegovy, a GLP-1 RA, in older adults with obesity who are receiving Wegovy therapy for weight reduction. Under the terms of the Supply Agreement, the company is solely responsible for conducting and sponsoring the Phase 2b PLATEAU clinical study while Novo Nordisk will supply Wegovy to the company at no charge and as required for the conduct of the Phase 2b PLATEAU study. Novo Nordisk provides Wegovy solely for use within the study under a clinical supply agreement. In return, the Company will provide Novo Nordisk with insights into obesity and weight management trial design, methodology, and clinical conduct, including regular clinical study updates, protocol changes, and safety updates. While the company maintains full global development and commercialization rights to enobosarm, the company has granted Novo Nordisk a right of first negotiation in the Supply Agreement if the company in the future intends to develop, commercialize, or license enobosarm intellectual property in combination with any Novo Nordisk GLP-1 product, including Wegovy, for any indication.
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Wall Street analysts forecast VERU stock price to rise
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Current: 2.830
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About VERU
Veru Inc. is a late clinical-stage biopharmaceutical company focused on developing medicines for the treatment of metabolic diseases, oncology, and acute respiratory distress syndrome (ARDS). Its drug development program includes two late-stage novel small molecules: enobosarm and sabizabulin. Enobosarm, a selective androgen receptor modulator, is being developed for two indications: Phase 2b clinical QUALITY study of enobosarm as a treatment to augment fat loss and to prevent muscle loss in sarcopenic obese or overweight elderly patients receiving a GLP-1 RA who are at-risk for developing muscle atrophy and muscle weakness, and Phase 3 ENABLAR-2 clinical trial of enobosarm and abemaciclib for the treatment of androgen receptor positive, estrogen receptor positive and human epidermal growth factor receptor 2 negative metastatic breast cancer in the 2nd line setting. Sabizabulin, a microtubule disruptor, is being developed for treatment of hospitalized patients with viral-induced ARDS.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Veru Inc. to Present at 2026 Obesity Drug Development Summit
- Clinical Research Progress: Veru Inc. will present its research on combating sarcopenic obesity in geriatrics at the 2026 Obesity & Weight Loss Drug Development Summit from July 14-16 in Boston, which is expected to attract industry attention and enhance the company's visibility.
- Innovative Drug Combination: The company plans to improve weight management in elderly patients by combining GLP-1 drugs with selective androgen receptor modulators (SARMs), which is anticipated to significantly enhance treatment efficacy and drive market demand.
- Clinical Trial Scale: The Phase 2b PLATEAU clinical trial will enroll approximately 200 patients aged 65 and older with obesity, aiming to evaluate the effects of enobosarm on weight, muscle mass, and physical function, which is expected to provide crucial data support for future drug approvals.
- Supply Agreement Signed: In June 2026, Veru signed a clinical supply agreement with Novo Nordisk to support the PLATEAU study, which not only strengthens the company's research capabilities but may also lay the groundwork for future market promotion.
See More
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See More
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See More
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- Investor Engagement: Veru presented at the Oppenheimer 36th Annual Healthcare Life Sciences Conference, drawing investor interest that could pave the way for future financing and partnership opportunities.
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See More
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- Positive Future Outlook: With the advancement of the Phase 2b PLATEAU trial, Veru anticipates releasing final clinical data in Q4 2027, and if results are favorable, this could enhance market acceptance and sales potential of its weight loss drugs, further strengthening the company's competitive position in the biopharmaceutical sector.
See More
Veru Inc. to Present at 2026 Obesity Drug Development Summit
- Clinical Research Progress: Veru Inc. will present its research on combating sarcopenic obesity in geriatrics at the 2026 Obesity & Weight Loss Drug Development Summit from July 14-16 in Boston, which is expected to attract industry attention and enhance the company's visibility.
- Innovative Drug Combination: The company plans to improve weight management in elderly patients by combining GLP-1 drugs with selective androgen receptor modulators (SARMs), which is anticipated to significantly enhance treatment efficacy and drive market demand.
- Clinical Trial Scale: The Phase 2b PLATEAU clinical trial will enroll approximately 200 patients aged 65 and older with obesity, aiming to evaluate the effects of enobosarm on weight, muscle mass, and physical function, which is expected to provide crucial data support for future drug approvals.
- Supply Agreement Signed: In June 2026, Veru signed a clinical supply agreement with Novo Nordisk to support the PLATEAU study, which not only strengthens the company's research capabilities but may also lay the groundwork for future market promotion.
See More
Veru Shares Surge 88% on Novo Nordisk Collaboration
- Veru Stock Surge: Shares of Veru Inc. (VERU) soared 88% on Thursday following a clinical supply agreement with Novo Nordisk, which involves a Phase 2b trial of its lead drug Enobosarm, potentially enhancing the company's market position in obesity treatment significantly.
- Clinical Trial Details: The PLATEAU trial will assess the effects of Enobosarm on total body weight and bone density in approximately 200 older patients with obesity, with Novo Nordisk providing Wegovy at no cost to ensure the trial's success.
- Health Catalyst Strategic Shift: Health Catalyst Inc. (HCAT) closed at $1.94, up 45.86%, as its subsidiary Vitalware was acquired by Med-Metrix, marking a new phase for the company and expected to strengthen its competitive edge in healthcare data analytics.
- Absci Clinical Progress: Absci Corp. (ABSI) shares rose 23.57% as the company advances its AI-designed antibody ABS-201 in clinical trials, with preliminary safety data expected in 2026, which could propel its growth in the biopharmaceutical sector.
See More
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- Clinical Trial Partnership: Veru announced it will sponsor the Phase 2b PLATEAU study, with Novo Nordisk providing Wegovy at no cost, significantly enhancing Veru's market position in obesity treatment.
- Stock Surge: Following the announcement of the clinical supply agreement with Novo Nordisk, Veru's stock soared over 160% in Thursday morning trading, reflecting strong investor confidence in its new drug enobosarm.
- Global Development Rights Retained: Veru stated in a filing with the SEC that it will retain full global development and commercialization rights to enobosarm, laying a solid foundation for future market promotion.
- Market Validation: Canaccord views this partnership as a significant milestone for Veru, indicating strong market interest in enobosarm and anticipating it could emerge as a key differentiator in obesity treatment.
See More
Veru Inc. Q2 Fiscal 2026 Earnings Call Insights
- R&D Progress: In its Q2 earnings call, Veru highlighted that the combination of enobosarm and semaglutide showed significant results in the Phase IIb QUALITY trial, with 44.3% of placebo patients experiencing over a 10% decline in physical function at 16 weeks, while the enobosarm 3 mg group achieved a 59.8% relative improvement, indicating strong market competitiveness for the therapy in older obese patients.
- Financial Performance: CFO Greco reported a net loss of $2.7 million, a significant improvement from the previous quarter's $7.9 million, with loss per share decreasing from $0.54 to $0.12, reflecting positive progress in cost control and operational efficiency.
- Clinical Trial Progress: Veru announced the enrollment of the first patient in the Phase IIb PLATEAU study on March 9, 2026, with an interim analysis expected in Q1 2027 at 36 weeks, further validating its therapeutic efficacy and market potential.
- Market Outlook: Management expressed optimism regarding FDA feedback, suggesting that achieving over 5% weight loss could support additional claims for function and bone density, demonstrating the company's strategic positioning and market outlook in obesity treatment.
See More
Veru Reports Q2 Earnings Beat Expectations
- Earnings Beat: Veru's Q2 GAAP EPS of -$0.13 exceeded market expectations by $0.15, indicating an improvement in financial performance despite still being in a loss position.
- Cash Position Improvement: As of March 31, 2026, the company's cash, cash equivalents, and restricted cash totaled $27.6 million, a significant increase from $15.8 million as of September 30, 2025, demonstrating positive progress in cash management.
- Investor Engagement: Veru presented at the Oppenheimer 36th Annual Healthcare Life Sciences Conference, drawing investor interest that could pave the way for future financing and partnership opportunities.
- Market Rating Dynamics: Seeking Alpha's Quant Rating on Veru reflects mixed market sentiment regarding its future performance, indicating a cautiously optimistic outlook among investors regarding the company's potential growth.
See More
Veru Reports Q2 Financials and Clinical Trial Updates
- Clinical Trial Progress: Veru's Phase 2b PLATEAU clinical trial is actively enrolling and is on track for an interim analysis in Q1 2027, aiming to evaluate the effects of enobosarm combined with semaglutide on older obese patients, potentially laying the groundwork for future weight loss treatment options.
- Improved Financial Performance: In Q2 of fiscal 2026, Veru reported a decrease in R&D expenses to $3.1 million from $3.9 million year-over-year, demonstrating effective cost control, while operating losses narrowed from $8.1 million to $7.2 million, indicating gradual financial improvement.
- Strong Cash Position: As of March 31, 2026, Veru's cash and cash equivalents reached $27.6 million, a significant increase from $15.8 million as of September 30, 2025, reflecting robust financial management and operational support.
- Positive Future Outlook: With the advancement of the Phase 2b PLATEAU trial, Veru anticipates releasing final clinical data in Q4 2027, and if results are favorable, this could enhance market acceptance and sales potential of its weight loss drugs, further strengthening the company's competitive position in the biopharmaceutical sector.
See More
