February 2, 2026
Finance

Skye Bioscience Reports Over 22% Weight Reduction in Year-Long Trial Combining Nimacimab with Wegovy

Interim Results from Phase 2a CBeyond Study Demonstrate Promising Sustained Weight Loss with Combination Therapy

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Summary

Skye Bioscience, Inc. has disclosed interim findings from its ongoing Phase 2a CBeyond clinical trial extension, evaluating the combination of nimacimab with semaglutide (Wegovy) in obesity management. Participants receiving the combination therapy achieved a mean weight loss exceeding 22% after 52 weeks, surpassing results seen with semaglutide monotherapy. The treatment was well tolerated with no serious adverse events reported.

Key Points

The Phase 2a CBeyond trial extension evaluates nimacimab combined with semaglutide (Wegovy) for obesity management.
After 52 weeks, participants on the combination therapy experienced an average weight loss of 22.3%, exceeding the 19.7% in the semaglutide plus placebo group.
The combination was well tolerated with no serious or special interest adverse events during the extension phase.
Nimacimab monotherapy did not demonstrate significant weight loss compared to placebo in earlier trial stages.

Skye Bioscience, Inc. (NASDAQ: SKYE) has revealed notable interim data from the extension phase of its Phase 2a CBeyond study, assessing the efficacy and safety of nimacimab in combination with semaglutide (Wegovy) for obesity treatment.

The CBeyond trial (NCT06577090) explores nimacimab, a negative allosteric modulating antibody designed to inhibit peripheral CB1 receptors. The main focus of the extension phase, initiated in May 2025, has been to evaluate two combination therapy cohorts: participants receiving nimacimab alongside semaglutide, and a counterpart group administered placebo plus semaglutide.

Semaglutide, marketed by Novo Nordisk (NYSE: NVO) under the brand names Wegovy and Ozempic, is a glucagon-like peptide-1 receptor (GLP-1R) agonist currently approved for weight management and diabetes treatment.

Interim Weight Loss Outcomes

Within the nimacimab plus semaglutide cohort, 10 participants entered the extension phase. After 26 weeks of continued treatment, these participants exhibited an average weight reduction of 14.4%. Furthermore, seven participants completed an additional 26 weeks, culminating in a mean total weight loss of 22.3% at the one-year mark. Notably, this data showed no indication of weight loss plateauing during extended treatment.

In the placebo plus semaglutide group, nine participants proceeded into the extension. Their mean weight loss at 26 weeks was 13.9%, while seven participants who continued for a full 52 weeks experienced a cumulative average weight decrease of 19.7%.

Safety Profile and Tolerability

The combination therapy was well tolerated across tested doses. During the extension phase, no serious adverse events or adverse events of special interest were reported, underlining a favorable safety profile for nimacimab when administered with semaglutide.

Previous Data and Weight Maintenance

Earlier topline results from October 2025 noted that after 26 weeks, the nimacimab plus semaglutide group achieved a clinically relevant weight loss of 13.2%, notably higher than the 10.25% observed with semaglutide alone. Importantly, no weight loss plateau was noted at that stage.

Monotherapy with nimacimab did not meet primary efficacy endpoints, showing only minimal weight loss (1.52%) contrasted with placebo (0.26%).

During a 13-week follow-up off therapy, participants continuing combination treatment exhibited only a 17.8% regain of lost weight. This contrasts with a 37.3% weight regain among those treated with semaglutide alone at 26 weeks, suggesting a potential durability benefit in the combination approach.

Future Data Expectations and Analyst Commentary

Skye Bioscience plans to release the complete topline Phase 2a extension data, including nimacimab monotherapy results and 13-week post-treatment follow-up, in the third quarter of 2026.

William Blair analysts recently commented on the data, highlighting that Skye's cash runway extends into the fourth quarter of 2026. They indicated that a comprehensive Phase 2a data analysis could increase investor interest if it supports a correlation between drug exposure and weight loss.

Additionally, in September 2025, Skye announced promising preclinical outcomes combining nimacimab with Eli Lilly’s (NYSE: LLY) tirzepatide in animal obesity models.

Market Reaction

Following the announcement, Skye Bioscience’s shares traded down 5.53%, closing at $0.95 according to Benzinga Pro data.

Risks
  • The full Phase 2a extension data and off-therapy follow-up results are pending and critical for assessing durability and long-term effects.
  • The nimacimab monotherapy arm failed to meet primary weight loss endpoints, indicating potential efficacy limitations of the drug alone.
  • Investor sentiment may be sensitive to upcoming data releases and interpretations of exposure-weight loss relationships.
  • The reported share price decline post-announcement reflects market caution despite positive weight loss data with combination therapy.
Disclosure
Education only / not financial advice
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