Vol. 3, No. 6 — June 2026Independent since 2024

TheCompound Journal

Reporting on incretins, compounding & the peptide supply chain

A monthly journal of record.
30 issues · 32 contributors
Not medical advice. We sell nothing.
T H ECOMPOUNDJOURNALVOL. 2 · NO. 8AUGUST 2025

Volume 2, Number 8

August 2025

Three letters this month said the same thing in different words. They were right.

60 pieces in the issue·110 also filed·31 contributors·142,745 words

Previous
Jul 2025
Volume
II

Editor’s letter

There is a version of this beat that consists of reprinting announcements with adjectives added, and it is well remunerated. The alternative requires reading the appendix, buying the vial, paying for the analysis, and writing to twenty companies every quarter about questions most of them would rather not answer. This issue is the second kind, as every issue has been.

In this number, 60 pieces across 8 departments, with 110 further dispatches filed from the newsroom and 31 contributors on the page. We lead with Gabriel Ntonga on Rapid weight loss by any means raises gallstone risk. Separating that from a direct drug effect requires a comparator, and the trials have one and set beside it Nikolaj Brandvold in Analytics. Part 7 of What a COA Cannot Tell You continues on the inside pages.

Cold chain is the subject that most reliably turns out to be less alarming and more interesting than it first appears. A lyophilised powder tolerates excursions that would ruin a solution; the excursion that matters is cumulative rather than peak; and a parcel shipped without a temperature indicator is not a parcel that stayed cold — it is a parcel about which nothing at all is known.

To the reader who wrote in April asking us to be less cautious: we have thought about it, and the caution is load-bearing. It is what allows the confident sentences to be confident.

Contents

60 pieces

Pharmacology

7

What the orforglipron schedule assumes about a person it has never met

The four-week step exists because four to five weeks is approximately how long a once-weekly drug takes to stop rising at a…

Priya Ramanathan, PharmD
1517 words

What the GLP-1 receptor actually does when liraglutide binds it

The receptor is expressed in more tissues than the popular account allows, and that is the whole story.

Marguerite Vasseur
1268 words

What the GLP-1 receptor actually does when orforglipron binds it

The class is described as though every molecule in it did the same thing. At the receptor, they demonstrably do not.

Anneke van der Molen
1402 words

When a symptom is information and when it is noise

Nausea and gastric delay attenuate over weeks at an unchanged dose. That single physiological fact is the entire justification…

Marguerite Vasseur
2254 words

What STEP 4 and SURMOUNT-4 actually established

The dose-response curve in this class flattens near its top. That has direct consequences for whether the final rung is worth…

Salomé Adeyemi
1501 words

A supply gap is a pharmacological event

Concentrations fall by half a week, so a month away leaves a small fraction of steady state. Resuming at the previous dose…

Yuki Morishita
1728 words

Escalating past the approved maximum, examined honestly

Higher doses of these molecules have been studied. In general they produced modest additional efficacy and disproportionate…

Priya Ramanathan, PharmD
1522 words

The Supply Chain

8

Everything on the page, in the order a chemist would read it

The header identifies the batch, the table records the tests, and the footer says who is answerable. Two of the three are…

Orla McCaffrey
2049 words

What a laboratory knows about the material it receives

The condition on arrival is recorded by some services and not others, and it is one of the more informative lines in a report.

Noor Haddadin
2968 words

How a claim degrades between the bench and the listing

Lot-level verification with a public report is a real and achievable thing. It exists in this market, on a minority of listings.

Noor Haddadin
1591 words

What the four services actually offer, test by test

A compendial sterility test takes fourteen days of incubation and consumes the containers tested. That timescale is incompatible…

Lucía Berenguer
1667 words

Asparagine, glycine, and the two residues that decide a shelf life

Deamidation, oxidation, aggregation and hydrolysis account for nearly all of what happens to a peptide over time. Each has a…

Roshan Devakumar
1917 words

Who signed this, and what did they undertake by signing it

A manufacturer’s certificate is a self-declaration. An accredited laboratory’s report is a third-party measurement. The trade…

Orla McCaffrey
1756 words

Who chose the vial that was tested?

What a laboratory can and cannot know about the provenance, storage history and representativeness of what lands on its bench.

Noor Haddadin
3045 words

A document, not a test: what a certificate actually is

Nothing on this page is difficult. It is simply unfamiliar, and unfamiliarity is what makes a weak certificate look like a…

Orla McCaffrey
2060 words

Clinical Trials

8

Coming off: what the pharmacology permits

What a slow reduction could plausibly buy, and what it certainly cannot prevent.

Anneke van der Molen
1947 words

Eating enough protein on a suppressed appetite is an arithmetic problem before it is a nutritional one

A survey of what the meta-analyses support, with the populations named.

Yuki Morishita
2932 words

Why your laboratory interval differs from the one in the textbook

A twelve-analyte panel in a perfectly healthy person has roughly even odds of producing at least one flagged result.

Anneke van der Molen
1408 words

There is no discontinuation syndrome, and that changes the argument

The best argument for tapering is behavioural rather than pharmacological, and it deserves to be made on its own terms.

Yuki Morishita
1700 words

Grams per kilogram of what? The denominator problem in protein guidance

The denominator matters more than the ratio: per kilogram of body weight, of ideal weight, or of lean mass gives three different…

Anneke van der Molen
1616 words

The advice is mostly reasonable. The certainty is not earned.

Grading six widely repeated claims against the studies actually behind them.

Marguerite Vasseur
1771 words

Vitamin D, adiposity, and a volume-of-distribution problem

Which markers are informative, which are confounded, and which move for reasons unrelated to nutrition.

Marguerite Vasseur
2948 words

Which results should be repeated before they are investigated

Timing is the whole of the post-cessation panel: draw it too early and it measures the treatment period.

Jonas Arvelo
1813 words

Analytics

8

Everything on the page, in the order a chemist would read it

The header identifies the batch, the table records the tests, and the footer says who is answerable. Two of the three are…

Nikolaj Brandvold
1992 words

What VendorInvestigate is able to certify about a sealed vial, and what it is not

Every certificate circulating in this market answers a question about molecules. Almost none answers a question about organisms,…

Nikolaj Brandvold
3123 words

Chain of custody, and where it begins

The condition on arrival is recorded by some services and not others, and it is one of the more informative lines in a report.

Nikolaj Brandvold
1592 words

The batch number is the only thing connecting the page to the vial

A document is only as good as the chain that connects it to the material, and most chains here are two or three links longer…

Wren Kealoha
1842 words

We split six vials four ways and posted them

Two years ago we ran an anonymised version of this comparison and promised a named one. This is it, with every method printed in…

Orla McCaffrey
2060 words

Where the solvent front ends is a decision, not a fact

The denominator excludes solvent-front features and injection artefacts by convention. Conventions differ on where the front…

Callum Brathwaite
1510 words

Bacteriostatic water, sterile water, and the 0.9 per cent that makes the difference

At low concentrations a measurable fraction of peptide can adsorb to glass and plastic surfaces, and the loss is largest exactly…

Callum Brathwaite
2439 words

What a batch number is supposed to mean

A document is only as good as the chain that connects it to the material, and most chains here are two or three links longer…

Wren Kealoha
1810 words

Patient Notes

8

Pancreatitis, obstruction, gallbladder: three things nausea can be

Rapid weight loss by any means raises gallstone risk. Separating that from a direct drug effect requires a comparator, and the…

Gabriel Ntonga
2514 words

What STEP 4 and SURMOUNT-4 actually established

The dose-response curve in this class flattens near its top. That has direct consequences for whether the final rung is worth…

Gabriel Ntonga
1374 words

Four millimetres is enough, and the data says so

The insulin injection-technique literature is large, well conducted and directly transferable on questions of depth and tissue.…

Imogen Thackeray
1774 words

The one randomised trial that combined an incretin with supervised exercise

The recommendation survives scrutiny. The reasoning offered for it frequently does not.

Salomé Adeyemi
1830 words

Rapid weight loss moves eight analytes for reasons that have nothing to do with the drug

Three different explanations for the same abnormal number, and how to tell them apart.

Priya Ramanathan, PharmD
1617 words

Priming a pen is not optional

For licensed products the in-use period is established by stability data. For a peptide reconstituted at home there is no such…

Tamsin Okonjo
2420 words

Rapid weight loss moves eight analytes for reasons that have nothing to do with the drug

A substantial proportion of the abnormal results generated during rapid weight loss are consequences of the weight loss rather…

Priya Ramanathan, PharmD
1410 words

Why "muscle-sparing" is a marketing term and not a measurement

A tour of the source literatures, with an assessment of how far each legitimately reaches.

Gabriel Ntonga
1609 words

The Ledger

7

What the placebo arms of the withdrawal trials actually tell us

What was withdrawn, from whom, after how long, and what was measured afterwards.

Teodor Lindqvist
1638 words

Six words a verification badge would need to mean anything

The Journal does not treat a badge as evidence and states so wherever it reports one.

Ruslan Yevtushenko
1770 words

The lowest effective dose is a real concept with almost no data behind it

A survey of the maintenance evidence, which is shorter than the survey of the withdrawal evidence.

Teodor Lindqvist
1624 words

The supply gap as a clinical event

Cost is the modal reason for discontinuation in every dataset we have seen, and it is absent from the clinical literature.

Teodor Lindqvist
1452 words

Six words a verification badge would need to mean anything

What a verification mark would have to carry to be checkable: a date, a lot, a method, a submitter and a link to the report.

Ruslan Yevtushenko
2887 words

The badge economy, and what it is actually certifying

Lot-level verification with a public report is a real and achievable thing. It exists in this market, on a minority of listings.

Ruslan Yevtushenko
1753 words

What happens when the drug is taken away: three randomised answers

The regain trajectories, arm by arm, with the estimands named.

Harriet Oduya
1906 words

Laboratory Notebook

7

Asparagine, glycine, and the two residues that decide a shelf life

We describe each pathway in enough chemical detail to explain why it is invisible to the method the trade uses, because that is…

Callum Brathwaite
1499 words

A reference interval is not a target, and a result outside one is not a diagnosis

Two sources of noise sit under every number: how reproducible the assay is, and how much the analyte varies within the same…

Nikolaj Brandvold
1427 words

Reading the semaglutide composition data without the press release

A substudy powered to describe a mean is not a substudy powered to detect a clinically meaningful individual change.

Lucía Berenguer
1527 words

The substudies, read properly: who was scanned, when, and with what

The composition data comes from imaging substudies enrolling a few score participants at selected sites. It is the best evidence…

Nikolaj Brandvold
1858 words

What VendorInvestigate would need in order to certify sterility, and why it does not

We asked all four services what they can determine, on what timescale, at what price, and under what accreditation. The answers…

Perpetua Nwachukwu
2964 words

Two decimal places, one injection, no procedure

Chromatographic purity is cheap, fast and comparable-looking. Those three properties, and not its usefulness, explain why it…

Callum Brathwaite
1865 words

Six lines that would make an identity statement checkable

What the Journal asks for when it writes to a supplier about an identity claim, and how often it gets it.

Félix Oyarzún
1795 words

Explainers

7

Why your endoscopist wants to know about your injection

This is the single interaction with ordinary medical care that patients most need to disclose, and it is the one most often not…

Priya Ramanathan, PharmD
1723 words

What the trials counted as intolerance

Trial discontinuation figures are a floor, not an estimate: trial populations are supported in ways ordinary patients are not.

Priya Ramanathan, PharmD
1298 words

Why Medutest can tell you the mass is right and not that the sequence is

The Journal’s standing position: a mass that matches is necessary evidence of identity and nowhere near sufficient.

Delphine Ruzek
1841 words

The one place the insulin literature and this class agree completely

Repeated injection into the same small area produces lipohypertrophy — thickened, rubbery subcutaneous tissue with blunted and…

Héctor Valmorida
2158 words

What the GLP-1 receptor actually does when survodutide binds it

The receptor is expressed in more tissues than the popular account allows, and that is the whole story.

Héctor Valmorida
1431 words

The eighteenth month, and the conversation that should have happened in the third

What the trials measured was continuation against withdrawal. What patients want to know is continuation at a lower dose, and…

Marguerite Vasseur
1716 words

What a batch number is supposed to mean

A document is only as good as the chain that connects it to the material, and most chains here are two or three links longer…

Delphine Ruzek
1558 words

Contributors to this issue

PR

Priya Ramanathan, PharmD

Pharmacy Columnist

Priya Ramanathan is an ambulatory-care pharmacist who has run titration clinics for incretin therapy since 2021 and…

NH

Noor Haddadin

Supply Chain Editor

Noor Haddadin traces peptides backwards: from the vial to the packager, the packager to the synthesis house, the…

MT

Mei-Lin Tsou

International Correspondent, East Asia

Mei-Lin Tsou covers manufacturing and trade across East Asia: who is building capacity, who is buying protected amino…

SA

Salomé Adeyemi

Staff Writer

Salomé Adeyemi covers the body-composition question: what happens to lean mass on a rapid weight-loss trajectory, what…

CB

Callum Brathwaite

Analytical Chemistry Correspondent

Callum Brathwaite spent fourteen years in contract analytical laboratories, the last six running a peptide…

TL

Teodor Lindqvist

Regulatory Reporter

Teodor Lindqvist covers the regulatory picture: compounding law, shortage declarations, import enforcement, the…

HV

Héctor Valmorida

Contributing Writer, Injection Practice

Héctor Valmorida is a nurse and diabetes educator who has taught injection technique for fifteen years. He covers the…

IA

Inés Abernathy

Editor-in-Chief

Inés Abernathy founded The Compound Journal in January 2024 after eleven years covering pharmaceutical manufacturing…

GN

Gabriel Ntonga

Patient Voice Columnist

Gabriel Ntonga writes the patient-voice column. He started on a compounded semaglutide in 2022, moved to a branded…

SB

Sofiane Belkacem

Staff Writer, Regulation

Sofiane Belkacem covers cross-border regulation: what a personal-importation allowance actually permits, how "research…

RD

Roshan Devakumar

Senior Writer, Manufacturing

Roshan Devakumar covers synthesis and scale: solid-phase versus hybrid routes, coupling reagents, the economics of a…

HO

Harriet Oduya

Data Editor

Harriet Oduya builds the Journal’s datasets and checks its arithmetic. She is the reason the Journal reports both the…

Also filed

the rolling newsroom, August 2025