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.

Receptor biology

Why receptor selectivity is the least discussed number in incretin pharmacology

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

The most useful thing an editor can do with a drug class this heavily covered is insist on the distinction between a mechanism and a metaphor. Appetite suppression is a metaphor. Delayed gastric emptying mediated by vagal afferent signalling and central integration in the area postrema is a mechanism. The two are related, they are not interchangeable, and the difference determines which side effects are expected, which are dose-limiting, and which resolve.

A class B receptor, and why that matters

The GLP-1 receptor belongs to class B of the G-protein-coupled receptor superfamily — the secretin-like receptors — which is a structural classification with practical consequences. Class B receptors have a large extracellular domain that captures the C-terminal portion of a peptide ligand first, in what is usually described as a two-domain binding model: the extracellular domain provides affinity, and the N-terminal residues of the peptide then insert into the transmembrane bundle to provide activation.

That architecture is why these receptors are difficult small-molecule targets and why, for two decades, every marketed agonist was a peptide. It is also why the orally available non-peptide agonists now in late-stage development are genuinely notable pharmacology rather than a formulation trick: they bind a site that a peptide does not occupy in the same way, and they activate the receptor through a partially distinct mechanism.1

The consequence for a reader trying to compare molecules is that structural class predicts a great deal about route, durability and formulation, and rather less about efficacy.

Biased agonism, stated carefully

When the GLP-1 receptor is activated it can couple to Gαs, raising cyclic AMP, and it can recruit beta-arrestin, which contributes to receptor internalisation and desensitisation. An agonist that favours the first over the second is described as G-protein-biased. The therapeutic argument for bias is that sustained cAMP signalling without proportionate internalisation should produce a more durable effect at the same occupancy.

The evidence for that argument is real but narrower than its popularity suggests. Bias is measured in transfected cell systems at receptor densities that bear no relationship to a beta cell or a vagal afferent, and the translation from a bias factor in vitro to a clinical difference in vivo has been demonstrated convincingly for very few ligands.2 The Journal’s position is that bias is a legitimate and probably important variable, that it is one of several plausible explanations for the differences observed between molecules, and that anybody presenting it as the explanation is ahead of the data.

Almost every piece of bad advice about this drug class is a mechanistic error with a practical conclusion attached.

Marguerite Vasseur, Deputy Editor, Science

Selectivity, potency and efficacy are three measurements

Three quantities are routinely conflated in discussions of this class. Affinity is how tightly a ligand binds, usually reported as a dissociation constant. Potency is the concentration producing half-maximal response, reported as an EC50. Efficacy is the maximal response achievable, reported relative to a reference agonist. A molecule can be more potent and less efficacious than another, and a molecule can bind a second receptor with high affinity and produce almost no response there.

Selectivity is the ratio of activities across receptors, and it is where the current pipeline diverges most sharply. Reported GIP-to-GLP-1 activity ratios for dual agonists vary by more than an order of magnitude between molecules; glucagon receptor arms in triple agonists vary similarly. Those ratios are properties of the sequence and they are not adjustable by dose. Two molecules with different ratios are different drugs at every dose, which is the reason head-to-head trials cannot be replaced by cross-trial comparison.3

Long-acting strategy, by molecule
MoleculeDurability strategyApprox. half-lifeRoute
Exenatide (BID)Exendin-4 backbone, DPP-4 resistant2.4 hSubcutaneous
LiraglutideC16 acylation, albumin binding13 hSubcutaneous
DulaglutideFc fusion≈5 daysSubcutaneous
SemaglutideAib8 substitution + C18 diacid acylation≈7 daysSubcutaneous / oral
TirzepatideAib substitution + C20 diacid acylation≈5 daysSubcutaneous
OrforglipronNon-peptide, hepatic clearance≈29–49 hOral
Half-lives are population means from labelling and published pharmacokinetic studies; individual values vary substantially with renal function and body weight.

How you get seven days out of a two-minute peptide

Three engineering strategies account for essentially every long-acting agonist on the market. The first is substitution at the DPP-4 cleavage site: replacing the alanine at position 8 with a residue the enzyme cannot process removes the fastest route of degradation. The second is acylation with a fatty-acid chain, which promotes reversible binding to serum albumin; albumin-bound drug is protected from renal filtration and enzymatic attack, and dissociates slowly to provide a circulating depot. The third is fusion to a large carrier — an immunoglobulin Fc fragment, for instance — which raises the hydrodynamic radius above the glomerular filtration threshold.

Semaglutide uses the first two, with a C18 diacid linked through a spacer. Liraglutide uses a shorter C16 chain and achieves roughly thirteen hours rather than seven days, which is a useful demonstration of how much the chain contributes. Dulaglutide takes the fusion route. The strategies are not interchangeable and they produce different distribution and clearance behaviour, not merely different durations.4

The oral non-peptide agonists

An orally bioavailable small molecule that activates a class B GPCR was, for a long time, considered close to impossible. The current crop of non-peptide GLP-1 receptor agonists achieves it by binding a site that overlaps only partially with the peptide binding pocket, stabilising an active conformation without the two-domain capture mechanism.

Pharmacologically this matters for three reasons. Absorption does not depend on a permeation enhancer, so bioavailability is far less variable and far less dependent on fasting state than oral semaglutide’s. Elimination is hepatic rather than largely renal and proteolytic, which changes the interaction profile. And potency at the receptor is achieved without a fatty-acid albumin depot, so the concentration-time profile looks like a conventional small molecule rather than a peptide. None of this predicts efficacy; all of it predicts a different practical drug.

A short glossary, because the words are used loosely

Agonist: a ligand that binds a receptor and produces a response. Full agonist: one producing the maximal response the system permits. Partial agonist: one producing less than maximal response even at full occupancy. Analogue: a molecule structurally derived from a natural ligand. Mimetic: a molecule reproducing a natural ligand’s effect without structural derivation.

Orthosteric site: the binding site the natural ligand occupies. Allosteric site: a distinct site whose occupancy modulates activity at the orthosteric one. Biased agonism: preferential activation of one downstream pathway over another. Tachyphylaxis: diminishing response to repeated administration. Steady state: the condition in which the rate of drug entering the body equals the rate leaving it.

Precision here is not pedantry. Several of the arguments this publication receives by post turn out, on inspection, to be disagreements about which of these words the writer meant.

Readers sometimes ask why a publication covering a consumer-facing drug class spends this much space on binding kinetics. The answer is that the alternative is a publication that reprints press releases with adjectives added. Mechanism is the only defence against that, and it is available to anybody willing to read a figure legend.

References

  1. Knudsen LB, Lau J. “The Discovery and Development of Liraglutide and Semaglutide.” Frontiers in Endocrinology. 2019;10:155.
  2. Jones B, Bloom SR, Buenaventura T, et al. “Control of insulin secretion by GLP-1.” Peptides. 2018;100:75–84.
  3. Coskun T, Sloop KW, Loghin C, et al. “LY3298176, a novel dual GIP and GLP-1 receptor agonist for the treatment of type 2 diabetes mellitus.” Molecular Metabolism. 2018;18:3–14.
  4. Lau J, Bloch P, Schäffer L, et al. “Discovery of the Once-Weekly Glucagon-Like Peptide-1 (GLP-1) Analogue Semaglutide.” Journal of Medicinal Chemistry. 2015;58(18):7370–7380.

Letters to the Editor

3 printed

Selected from correspondence received on this article. Writers are identified by initial, surname and city, verified before printing. Replies are from the desk that filed the piece or from the standards editor. Write to letters@compoundjournal.com.

You describe biased agonism as "legitimate and probably important" and then decline to say which molecules are biased in which direction. That is a strange place to stop.

D. Lockridge, Tulsa, OK

The Journal replies

It is, and it is deliberate. The published bias factors for these ligands are measured in different systems and are not comparable to one another. We would rather stop than publish a ranking that the underlying assays cannot support.

I found the section on the area postrema genuinely clarifying. I had assumed nausea was a stomach problem and had been treating it as one, unsuccessfully, for four months.

T. Wexford, Louisville, KY

Your accumulation table gives 2.0 for a seven-day half-life at weekly dosing. I make it 2.0 as well, but I would point out that this assumes complete absorption of each dose, which for subcutaneous peptides is a generous assumption.

Y. Sasaki, Sapporo

The Journal replies

Correct, and the table now carries that caveat. The ratio is unaffected by a constant bioavailability factor, but the absolute concentrations obviously are.

Related coverage

Pharmacology

Stepping down is part of titration

The practice is near-universal, clinically sensible, and supported by observational data rather than randomised comparison. We say which is which.

Marguerite Vasseur·16 Jan 2024·7 min