An old gut hormone, re-engineered
Mazdutide began as OXM3 — a synthetic analogue of oxyntomodulin, a naturally occurring gut hormone released after eating that activates both the GLP-1 receptor and the glucagon receptor at once. Rather than bolting two synthetic agonists together, mazdutide is modelled on a peptide the body already uses for dual signalling. Eli Lilly licensed the molecule to Innovent Biologics for development in China, where obesity and type 2 diabetes rates have risen sharply.
The clinical programme is named GLORY (obesity) and DREAMS (diabetes). GLORY-1, the pivotal Phase 3 obesity trial in over 600 Chinese adults, was published in the New England Journal of Medicine in May 2025. On the strength of that data, China's NMPA approved mazdutide for chronic weight management in June 2025 and for glycaemic control in type 2 diabetes in September 2025 — making it the first glucagon/GLP-1 dual agonist approved anywhere in the world.
GLORY-2 then tested a higher 9 mg dose for people with higher baseline weight, reporting up to roughly 20.1% weight loss with no plateau through 60 weeks. Two Phase 3 diabetes trials (DREAMS-1, DREAMS-2) were published back-to-back in Nature in late 2025.
Why the glucagon arm matters: Pure GLP-1 drugs work mainly by suppressing appetite and slowing gastric emptying. Adding glucagon-receptor agonism does something different — it increases energy expenditure and pushes the liver to oxidise fat. That is the rationale for the dramatic liver-fat reductions seen in GLORY-1, and for the idea that a dual agonist can drive weight loss through more than appetite alone. The trade-off is that glucagon can raise glucose and heart rate, which is why dose and receptor balance matter.
Two receptors, one natural template
Mechanism of Action
In GLORY-1, the 6 mg dose produced ~14.8% mean weight loss at 48 weeks against 0.5% for placebo, with roughly half of participants losing at least 15% of their body weight. The liver-fat signal was striking: about an 80% reduction at 6 mg in those with significant baseline liver fat — a result that has prompted ongoing study in metabolic dysfunction-associated steatohepatitis (MASH).
The higher 9 mg dose in GLORY-2 pushed mean weight loss to around 20%, and the diabetes trials showed meaningful glycaemic control both alone and added to oral therapy. Cardiovascular outcome and longer-term safety data are still accumulating.