Skip to content

Independent GLP-1 journalism

On The Jab

Past twenty percent: what the next wave of obesity drugs is actually chasing

Retatrutide, CagriSema and the triple agonists are aiming at weight reduction that used to require surgery. The interesting question is no longer whether they can get there, but what breaks first.

NR

Dr. Nick Robertson

Founder & Editor

Published
Reading time
4 min read
Medically reviewed
Clinically reviewed

In 2020, a drug that produced 10 percent weight loss was a serious achievement. By 2022, 15 percent was the reference point. By 2023, a phase 2 trial reported an average of roughly 24 percent at 48 weeks and had not yet plateaued.

The field is moving faster than clinical practice can absorb, and the ceiling everyone is now circling is the one where drugs and bariatric surgery produce the same number.

Why combinations rather than higher doses

You cannot solve obesity pharmacology by giving more GLP-1. Dose response flattens, and gastrointestinal side effects do not — push hard enough on a single receptor and you run out of tolerable dose before you run out of biology.

So the strategy shifted to recruiting additional pathways, each contributing a different part of the effect.

The three-receptor approach

Retatrutide activates GLP-1, GIP and glucagon receptors. Glucagon is the interesting addition and, at first glance, the counterintuitive one — it raises blood sugar, which is the opposite of what you want in diabetes. But glucagon also increases energy expenditure. In a molecule that simultaneously suppresses appetite through the other two receptors, the glucose effect is offset while the metabolic rate effect is retained.

That is a genuinely different mechanism from everything currently on the market: not just eating less, but spending more.

The amylin approach

CagriSema goes the other way — sideways rather than upward. Amylin is a hormone co-secreted with insulin that signals satiety through a pathway distinct from GLP-1. Pairing a long-acting amylin analogue with semaglutide targets two separate satiety systems rather than saturating one.

Every one of these drugs is an argument about which combination of hormones best imitates the thing a body does after bariatric surgery.

Where the numbers currently sit

~15%

Semaglutide 2.4 mg at 68 weeks

STEP 1, NEJM 2021

~21%

Tirzepatide 15 mg at 72 weeks

SURMOUNT-1, NEJM 2022

~24%

Retatrutide 12 mg at 48 weeks, phase 2

NEJM 2023

These are different trials with different populations and durations, so the progression is directional rather than a clean ranking. The retatrutide figure in particular comes from a phase 2 study — smaller, shorter, and historically prone to shrinking somewhat in phase 3.

The questions that get less attention than the headline

Body composition. At 24 percent total weight loss, the lean mass question stops being academic. We do not yet have good functional outcome data at these magnitudes, and the population most likely to be prescribed them includes a lot of people over sixty.

Nutritional adequacy. Bariatric surgery patients are followed for micronutrient deficiencies for life. Someone eating the equivalent volume because of a drug is running a similar risk with none of the monitoring infrastructure.

Who needs this much. A drug that produces 24 percent average loss is not obviously the right first choice for someone who needs to lose 12. More effective is not automatically better matched.

Durability. Surgery has thirty-year follow-up. The oldest of these drugs has been in widespread obesity use for a handful of years.

What I think actually happens next

Not a single winning drug — a stratified menu. A cheap oral agent for the large population who need modest, durable metabolic improvement. Mid-tier injectables for the mainstream. High-efficacy combinations reserved for severe obesity, where the risk-benefit calculation looks like the one we currently make for surgery.

Sorting people into that menu will require knowing how they actually responded to what they are on now — not a recollection, a record. The patient who plateaued at eight percent after a fair trial at a maximum tolerated dose is a candidate for the top tier. The patient who never got past 5 mg because of nausea is a different problem with a different answer, and telling the two apart a year later is impossible without dates. This is the unglamorous case for tracking in Zenday or anything like it: your own history is the evidence you will be triaged on.

That is a more boring future than the coverage suggests, and it is the one that actually resembles how medicine handles every other chronic condition once the options multiply.

The uncomfortable part is that America will almost certainly sort people into those tiers by insurance rather than by need.

Common questions

What is retatrutide?
Retatrutide is an investigational triple agonist from Eli Lilly, activating the GLP-1, GIP and glucagon receptors. In a phase 2 trial published in 2023, participants on the highest dose lost an average of roughly 24 percent of body weight over 48 weeks — the largest figure reported for a drug in obesity at that point.
What is CagriSema?
CagriSema is a Novo Nordisk combination of semaglutide with cagrilintide, a long-acting amylin analogue. Amylin is a separate satiety hormone, so the combination targets two distinct appetite pathways rather than amplifying one.
How close are these drugs to bariatric surgery results?
Sleeve gastrectomy and gastric bypass typically produce around 25 to 30 percent total body weight loss. The best trial results for next-generation drugs now overlap the lower end of that range, though surgery has decades of durability data that drugs do not yet have.
When will retatrutide be available?
Phase 3 programmes take years, and no investigational drug should be assumed to be approved until it is. Check FDA announcements rather than press coverage for the current status.

Sources

  1. 01

    Jastreboff AM, et al. Triple-Hormone-Receptor Agonist Retatrutide for Obesity — A Phase 2 Trial. N Engl J Med. 2023;389:514-526.

  2. 02

    Jastreboff AM, et al. Tirzepatide Once Weekly for the Treatment of Obesity (SURMOUNT-1). N Engl J Med. 2022;387:205-216.

  3. 03

    Novo Nordisk. REDEFINE-1 topline results for CagriSema in obesity. Company announcement, December 2024.

Editorial standards

Written by Dr. Nick Robertson, MD. Clinical content last checked August 19, 2026. On The Jab takes no money from pharmaceutical companies, telehealth platforms or compounders, and uses no affiliate links. Read our policy.

This article is journalism and general education, not medical advice. Talk to your own clinician before changing any treatment.

The Sunday Dispatch

Get the next one in your inbox.

One email a week from Dr. Robertson. Free, and it stays free.

Keep reading

Explainer//5 min

Every GLP-1 medication

There are more of these than the two everyone talks about, several are considerably older, and a few are still widely prescribed for reasons that have nothing to do with weight.

Deep Dive//5 min

The oral GLP-1 is coming

An effective GLP-1 in tablet form is not mainly a convenience story. It is a manufacturing story — and manufacturing is what has rationed these drugs since the day they arrived.

News//4 min

Drugs to protect muscle alongside GLP-1s

If a quarter of the weight you lose is lean tissue, the obvious pharmaceutical response is a second drug to stop that happening. Several are now in trials, and the questions they raise are more interesting than the marketing.

The book · 14 chapters

The GLP-1 Handbook

Everything I tell my own patients before their first injection. 214 pages of what actually matters in the first year — dosing, side effects, food, muscle, cost, and the part nobody prepares you for: maintenance.

$4Less than your morning coffee.
Read the first chapter

Priced at four dollars because it should be affordable to everyone taking these drugs — not because it's worth four dollars. No upsell, no course, no supplement line.