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Amgen stock fell more than 10% following the news about its new drug MariTide

Medical disclaimer: This article is for informational purposes only and is not medical advice
Not intended for individuals under 18, pregnant or nursing individuals, or anyone with a known medical condition or taking medication including GLP-1 medications

MedTech stocks continue to feel pressure from glucagon-like peptide-1 (GLP-1) drugs for obesity, based primarily on speculation, and despite strong third-quarter performances from many firms in this sector
Most of the clinical trials dont have even have a BMI requirement in the enrolment criteria
