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Persons with type 2 diabetes tend to also have some degree of increased body weight or obesity and we know that achieving at least 5% body weight helps to improve glucose and cardiometabolic risk factors. MNT spoke with Jennifer Cheng, DO, chief of endocrinology at Hackensack Meridian Jersey Shore University Medical Center in New Jersey who was not involved in this study who commented it is important to find new options for the treatment of type 2 diabetes and give patients the choice of administering either via subcutaneous injections or just a daily pill

The deal is set to close soon, with the company listing on the Nasdaq under the ticker FRNM. Freenome develops blood-based tests for early cancer detection, using a sophisticated multiomics platform that combines molecular biology, advanced biology, and machine learning (ML) to analyze cell-free biomarkers in blood for cancer signals, even at very early, treatable stages