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Vivani Medical to start Phase 1 trial of semaglutide implant for obesity mid-2026 with cash runway into 2027

Company Fundamentals
13 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Vivani Medical announced it will initiate a Phase 1 clinical trial (SLIM-1) for its semaglutide implant NPM-139, targeting chronic weight management, expected to start mid-2026 in Australia with results by year-end. The company has $28 million in cash and commitments, funding operations through mid-2027. Pending positive results, Vivani plans a Phase 2 study in 2027 and is exploring a spin-off of its neuromodulation subsidiary, Cortigent. This implant aims to improve medication adherence by providing steady drug delivery over months, addressing challenges with current GLP-1 therapies.

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