Pipeline

From Discovery to Phase II

BT-924 is currently in preclinical development — a first-in-class non-systemic therapy designed to redefine metabolic treatment in obesity.

Program

Discovery

IND-enabling

Phase I

Phase II

BT-924

Obesity & metabolic disease

Program

Discovery

IND-enabling

Phase I

Phase II

EL-615

Program

Discovery

IND-enabling

Phase I

Phase II

EL-787

Additional programs in metabolic disease are in early discovery. Updates will be shared as they progress.

BT-924

Redefining metabolic treatment in obesity.

BT-924 is a first-in-class therapeutic designed to address obesity through modulation of the body’s intrinsic metabolic regulation — moving beyond traditional approaches centered on calorie restriction or appetite suppression.

Potentially addressing key limitations of current standard-of-care therapies.

Differentiation

Designed to overcome the limitations of today's therapies.

Today's standard of care

Limitations of GLP-1 / GIP therapies

Lean mass loss associated with weight reduction

Gastrointestinal tolerability limitations in a substantial subset of patients

High pill or injection burden impacting long-term adherence

BT-924

Designed to overcome prior limitations

Lower dose profile

Robust observed biological effect

Early human data suggesting favorable tolerability

Early signals suggesting preservation of lean mass during weight loss

Profile

A non-systemic, mechanistically distinct therapy.

BT-924 is designed for local gastrointestinal activity with minimal systemic exposure — enabling a differentiated profile across safety, combinability, and breadth.

Differentiated safety profile

Local activity in the proximal small intestine with minimal systemic exposure.

Combinable with existing therapies

Mechanism complements — and is distinct from — current standard of care.

Broad applicability

Designed for obesity, insulin resistance, and related metabolic conditions.