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. 5MAY 2025

Volume 2, Number 5

May 2025

The month the shortage arithmetic finally caught up with the compounding arithmetic.

60 pieces in the issue·110 also filed·30 contributors·139,991 words

Previous
Apr 2025
Volume
II

Editor’s letter

Every issue of this journal begins in the same argument. Somebody has a number, somebody else has a different number, and the interesting question is never which is correct but what each was a measurement of. That argument is the reason the publication exists, and it is the reason it is a monthly rather than a daily: a fortnight is roughly how long it takes to establish what a figure actually describes.

In this number, 60 pieces across 8 departments, with 110 further dispatches filed from the newsroom and 30 contributors on the page. We lead with Harriet Oduya on The Journal has read several hundred certificates from twenty companies. We set out what the documents actually cover, and what a reader is filling… and set beside it Marguerite Vasseur in Clinical Trials. Part 7 of Cold Chain continues on the inside pages.

I keep returning to the observation that this is a manufacturing story before it is a clinical one. The molecules were characterised twenty years ago and the pharmacology is not seriously contested. What is contested — potency, sterility, provenance, price, availability — all happens between a reactor and a vial, and that is a beat with documents, suppliers, freight and margin in it rather than a beat with opinions.

As always, disagreement is welcome and is printed. Write to letters@compoundjournal.com; factual challenges go to standards@compoundjournal.com and reach our standards editor before they reach me.

Contents

60 pieces

Pharmacology

8

The mechanism behind the mechanism

The receptor populations that produce satiety and the ones that produce nausea overlap substantially. That is why the ceiling of…

Priya Ramanathan, PharmD
1563 words

The label says four weeks. The clinic says whatever holds.

Deviation from the printed ladder is not non-compliance. In this class it is the modal behaviour of competent prescribing.

Marguerite Vasseur
2570 words

The interventions with trial support, and the much longer list without

The intervention with the clearest evidence is the one nobody frames as an intervention: adjusting the dose.

Yuki Morishita
1457 words

The mechanism behind the mechanism

Delayed gastric emptying is a mechanism that becomes an adverse effect above a threshold. It is not a complication in the…

Priya Ramanathan, PharmD
1701 words

From cell to clinic: where the extrapolation stops being safe

Receptor pharmacology is strong on average effects and almost silent on individual variation. That gap is where most reader…

Marguerite Vasseur
974 words

Do you need the top of the ladder?

A plateau at an intermediate dose and a plateau at the maximum dose look identical from the outside and mean different things.

Priya Ramanathan, PharmD
1536 words

From cell to clinic: where the extrapolation stops being safe

The mechanism is well described. The variance is not.

Anneke van der Molen
2054 words

Vagal afferents, the area postrema, and the anatomy of nausea

A tour of the tissues where the receptor is expressed, and what happens in each.

Priya Ramanathan, PharmD
1169 words

The Supply Chain

8

Check the vial, not the box

What happens to traceability when bulk material is subdivided, repackaged and relabelled two or three times before sale.

Orla McCaffrey
2025 words

Six words a verification badge would need to mean anything

A badge asserts that something was tested. It does not assert what, when, on whose sample, by what method, or whether the lot on…

Evander Sittig
3001 words

The sample is not the batch

A result on one vial generalises to a batch only if the vial was drawn in a way that makes it representative — and nobody…

Noor Haddadin
2090 words

Why JEEP can be entirely straightforward and still tell you nothing about bioburden

Purity, content, identity, sterility and endotoxin are five separate determinations. A single sheet of paper carrying one of…

Inés Abernathy
1943 words

Oxidation, and the peroxide that came in with the surfactant

An isoaspartate rearrangement changes the molecule and not the mass. A method that confirms identity by molecular weight alone…

Ruslan Yevtushenko
1968 words

Sterility is not a percentage, which is the whole difficulty

Purity, content, identity, sterility and endotoxin are five separate determinations. A single sheet of paper carrying one of…

Lucía Berenguer
1960 words

Six words a verification badge would need to mean anything

A badge asserts that something was tested. It does not assert what, when, on whose sample, by what method, or whether the lot on…

Evander Sittig
2948 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
1993 words

Clinical Trials

8

A year after stopping: what the trials found at the far end

Fat mass, lean mass, and the composition of regained weight — the thinnest literature in this piece.

Yuki Morishita
1484 words

What the upper limit of normal for ALT should be, and why it is not

The reference interval for alanine aminotransferase in most laboratories is derived from a population that included people with…

Marguerite Vasseur
2356 words

The shortage years, and what they taught about interruption

Real-world persistence figures, with their definitions stated, because the definitions are doing most of the work.

Marguerite Vasseur
1830 words

Load, not cardio: the distinction the general advice keeps losing

What was supervised, at what frequency, at what intensity, and for how long.

Yuki Morishita
1870 words

What the older diet-and-exercise trials found in the hip

Weight loss reduces bone mineral density at load-bearing sites. Whether that translates into fractures in this population is…

Marguerite Vasseur
1616 words

Side effects, cost, supply, target: four reasons with four trajectories

The trials studied planned withdrawal. Almost nobody stops that way.

Jonas Arvelo
1349 words

What SURMOUNT-1 tells us about maintenance, and what it does not

The commonest real-world strategy in this drug class is the least studied one.

Harriet Oduya
2432 words

Fat mass fell more than lean mass. That is the finding, and it is not the headline.

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

Anneke van der Molen
1533 words

Analytics

8

A vial can be 99.4 per cent pure and not sterile in the same afternoon

The Journal has read several hundred certificates from twenty companies. We set out what the documents actually cover, and what…

Harriet Oduya
2465 words

Endotoxin is not a microorganism, and killing the bacteria does not remove it

Three compendial method families are in routine use and a fourth, based on a recombinant enzyme rather than crab lysate, is now…

Callum Brathwaite
1918 words

The column is a choice, and it is not a small one

We set out the parameters a method disclosure would contain, all of which are known to whoever ran the sample and none of which…

Roshan Devakumar
1721 words

Nought point nine eight of a dalton: the modification that hides in plain sight

Stereochemical inversion changes the molecule, changes its biology, and changes its mass by exactly nothing.

Orla McCaffrey
2052 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.

Callum Brathwaite
1537 words

What counts as total, and who decided

We work through a single chromatogram twice, under two integration conventions, and show where the difference comes from.

Nikolaj Brandvold
2454 words

Freezing a reconstituted vial: the ice-water interface problem

Every degradation pathway accelerates by orders of magnitude on reconstitution, because the solvent that lyophilisation removed…

Roshan Devakumar
2003 words

What the paperwork is for, and who it was designed to protect

The purity figure is the least informative line on a well-constructed certificate and the only line most buyers read.

Wren Kealoha
1817 words

Patient Notes

7

Gallstones during rapid weight loss: drug, or weight loss?

The features that should prompt urgent assessment, stated once and plainly.

Salomé Adeyemi
1317 words

The intramuscular injection nobody intended

A 4 mm needle at ninety degrees without a skin pinch is adequate for essentially all adults. The persistence of 12.7 mm needles…

Perpetua Nwachukwu
1305 words

Delayed emptying explains some of this, and not all of it

The receptor populations that produce satiety and the ones that produce nausea overlap substantially. That is why the ceiling of…

Delphine Ruzek
1700 words

The effect profile, predicted from an expression map

A single drug producing both constipation and diarrhoea looks contradictory until the motility data is read properly.

Delphine Ruzek
1280 words

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

Every withdrawal trial compared full dose against nothing. The clinically interesting comparison — full dose against a reduced…

Priya Ramanathan, PharmD
2910 words

What TRIUMPH-1 tells us about maintenance, and what it does not

Dose reduction is not withdrawal, and the trials that tested withdrawal cannot be read as testing it.

Imogen Thackeray
1517 words

Escalating onto a rising curve

We work the arithmetic out in full, because it is arithmetic and it is short.

Gabriel Ntonga
1372 words

The Ledger

7

The shortage years, and what they taught about interruption

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

Imogen Thackeray
1463 words

Custody, condition and the temperature nobody logged

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

Sunniva Ørstavik
1904 words

The withdrawal trials, read as designs rather than warnings

The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately…

Harriet Oduya
1776 words

The dose that got you here and the dose that keeps you here

Dose reduction is not withdrawal, and the trials that tested withdrawal cannot be read as testing it.

Teodor Lindqvist
1710 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.

Ruslan Yevtushenko
2866 words

What a laboratory knows about the material it receives

A result on one vial generalises to a batch only if the vial was drawn in a way that makes it representative — and nobody…

Sunniva Ørstavik
1664 words

Two-thirds back: the extension nobody expected to be the headline

The evidence on stopping is better than the evidence on almost anything else in this field, because somebody deliberately…

Harriet Oduya
1412 words

Laboratory Notebook

7

Twenty-eight days is a number from somebody else’s product

Every degradation pathway accelerates by orders of magnitude on reconstitution, because the solvent that lyophilisation removed…

Nikolaj Brandvold
2021 words

One measurement, twenty companies, forty compounds

The Journal has read several hundred certificates from twenty companies. The number is almost always there; the method behind it…

Nikolaj Brandvold
1593 words

The instrument was calibrated on Tuesday. Your sample ran on Friday.

Parts per million sound impressive until they are converted into daltons at the molecular weight of the thing being measured.

Perpetua Nwachukwu
2092 words

Bone density during rapid weight loss: what is known, which is less than you would hope

The evidence base is one secondary analysis, several small studies and a large amount of extrapolation from bariatric surgery.

Lucía Berenguer
2335 words

Change the pH and the co-elution moves

An orthogonal method separates on a different physical principle, so that species co-eluting in the first are likely to resolve…

Callum Brathwaite
1559 words

Resolution, tailing, repeatability: the arithmetic before the result

Matching a retention time against a standard is evidence of consistency, not proof of identity. Two different species can elute…

Nikolaj Brandvold
1780 words

Load, not cardio: the distinction the general advice keeps losing

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

Lucía Berenguer
1813 words

Explainers

7

Holding a dose is a decision, not a failure

Every major phase 3 protocol in this class allowed escalation to be delayed for tolerability. Almost no product label explains…

Delphine Ruzek
1715 words

From milligrams in a vial to units in a barrel

A more concentrated reconstitution means smaller injection volumes, which means larger proportional errors from graduation, dead…

Priya Ramanathan, PharmD
1334 words

Diminishing returns, quantified

Where the curve flattens, what flattens with it, and what does not.

Delphine Ruzek
1559 words

The impurity hiding underneath the parent peak

Where two methods disagree, the conservative convention is to report the lower figure. It is not universal, and whether a…

Marguerite Vasseur
2453 words

Units, millilitres, milligrams: three scales on one small object

We work through the arithmetic in full, because it is short, and because the errors it prevents are order-of-magnitude errors.

Delphine Ruzek
1379 words

Gallstones during rapid weight loss: drug, or weight loss?

A small number of serious gastrointestinal events occur in people taking these drugs. Distinguishing them from the expected…

Delphine Ruzek
1561 words

What the trial protocols permitted, and what the labels omitted

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

Salomé Adeyemi
1519 words

Contributors to this issue

DR

Delphine Ruzek

Contributing Writer, Explainers

Delphine Ruzek writes the Journal’s ground-floor explainers: the ones that assume the reader has heard a drug name on…

Sunniva Ørstavik

International Correspondent, Europe

Sunniva Ørstavik covers European reimbursement: which countries pay, at what price, under what restriction, and how…

RY

Ruslan Yevtushenko

Contributing Writer, Economics

Ruslan Yevtushenko models the cost stack: API, fill-finish, packaging, cold freight, customs, payment processing, and…

IA

Inés Abernathy

Editor-in-Chief

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

IT

Imogen Thackeray

Contributing Writer, Access & Insurance

Imogen Thackeray covers coverage: prior authorisation, step therapy, formulary exclusion lists, appeal timelines, and…

NB

Nikolaj Brandvold

Contributing Writer, Sterility

Nikolaj Brandvold spent eight years in a sterile-products quality-control laboratory. He covers bioburden, endotoxin,…

AS

Aurelio Sanmartín

International Correspondent, Latin America

Aurelio Sanmartín reports on access, pricing and regulation across Latin America — the region where the gap between a…

ES

Evander Sittig

Staff Writer

Evander Sittig covers freight, customs and the grey channel: how a parcel moves, where it stops, what a declaration…

LB

Lucía Berenguer

Cold Chain Correspondent

Lucía Berenguer covers stability and cold chain: lyophilised versus solution, mean kinetic temperature, what actually…

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…

SA

Salomé Adeyemi

Staff Writer

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

Also filed

the rolling newsroom, May 2025