Ascletis Pharma Inc. has announced the completion of dosing for all participants in its U.S. clinical study that combines the adipose-targeted, once-monthly injectable small molecule THR-beta agonist, ASC47, with semaglutide for the treatment of obesity. The study, identified as ASC47-103 (NCT06972992), involves a randomized, double-blind, placebo-controlled design and includes 28 participants without type 2 diabetes. The participants are divided into three cohorts, receiving single ascending doses of ASC47 (10 mg, 30 mg, and 60 mg) or a placebo, along with four doses of semaglutide (0.5 mg, once weekly). The enrollment process was completed in less than two months. Ascletis plans to present topline data from the trial in the fourth quarter of 2025.