Obesity has long been framed as a condition of excess intake, excess weight, excess risk.
But for Dr. Shaharyar Khan, Co-Founder and Chief Scientific Officer of Rivus Pharmaceuticals, the real opportunity lies in addressing the other half of the energy equation: expenditure.

Co-Founder and Chief Scientific Officer
Rivus Pharmaceuticals
In this Xtalks Clinical Edge interview, Dr. Khan discusses Rivus’ development of investigational Controlled Metabolic Accelerators (CMAs) — drugs that boost the body’s energy use by modulating how mitochondria produce heat and burn calories.
By tapping into the body’s ability to burn energy, Rivus is aiming to provide new options for patients with conditions where disrupted energy balance contributes to disease progression, including heart failure, type 2 diabetes and metabolic dysfunction-associated steatohepatitis (MASH).
Often underdiagnosed, MASH is a progressive liver disease tightly linked to metabolic dysfunction and obesity. In the US alone, an estimated 6.5 million adults had MASH in 2022, according to a modeled analysis published in JAMA Network Open. The majority were undiagnosed, with disease often progressing silently alongside obesity, diabetes and other metabolic conditions.
From First Principles to Therapeutic Strategy
Dr. Khan’s path to mitochondrial biology began with a fundamental fact: “All activity, life, how we navigate the world, how life happens, is dependent on energy.”
That focus on energy — particularly how it’s generated and expended at the cellular level — eventually led him to co-found Rivus, following earlier work at Gencia Biotech.
“And so we created a new company — which became Rivus — that was essentially focused on leveraging this important biology of modulating your metabolic rate by inducing mitochondrial uncoupling in a safe and controlled fashion, hence Controlled Metabolic Accelerators.”
At the crux of Rivus’ scientific philosophy is a reframing of obesity, not as a static condition but as a spectrum of metabolic decline that can span decades — from high BMI to insulin resistance, then diabetes, liver disease and cardiac dysfunction.
Rivus’ goal is to intervene along that trajectory, not simply manage its late-stage consequences.
Addressing the Other Side of the Equation
Most metabolic therapies target energy intake — such as appetite suppression or nutrient absorption. Rivus is taking a different route.
“We’ve got all these drugs that are being developed on the energy intake side of the equation, but there’s this lack of approach that leverages the energy expenditure side of the equation.”
The company’s lead compound leverages mitochondrial uncoupling to safely increase metabolic rate and reduce fat stores, particularly visceral adiposity, which is harder to lose through diet alone.
“Especially as you get older, it’s harder and harder to lose weight. More and more of that fat, and that weight is visceral adiposity.”
That fat, Dr. Khan explained, is not inert — it secretes inflammatory and fibrotic signals that damage organs. By enhancing energy expenditure, their lead candidate appears to preferentially mobilize these “bad” fat depots.
Visceral fat tends to be more energetically active, with a higher density of mitochondria, making it more responsive to the mechanism Rivus targets.
This insight is central to Rivus’ approach: not all weight is equal, and not all weight loss is helpful.
In fact, in aging or frail patients, preserving muscle mass may be as critical as reducing fat.
He added that preserving skeletal muscle mass — often depleted with age — plays a critical role in how cardiometabolic disease progresses.
At the cellular level, Dr. Khan notes that mitochondrial uncoupling — the process Rivus targets — may have deeper biological relevance: “Why do we generate heat? Why are we endotherms and why do we have a body temperature?”
– Shaharyar Khan, Co-Founder and CSO, Rivus Pharmaceuticals
From MASH to Heart Failure
Rivus has completed two Phase II trials with their lead candidate, including one in metabolic dysfunction-associated steatotic liver disease (MASLD) — with a third study in MASH, formerly referred to as NASH (non-alcoholic steatohepatitis), nearing completion. Across studies in heart failure and MASLD, the compound has demonstrated:
- Fat-specific weight loss
- Preferential reduction of visceral fat
- Reductions in inflammatory biomarkers
- Improvements in cardiac biomarkers
- Blood pressure reductions even at low doses
“Our lead candidate causes, even at the lower doses, a 5 [mm] to 8 mm mercury reduction [in] blood pressure. That’s independent of metabolic rate.”
These benefits may translate into broader cardiometabolic outcomes, particularly for patients who are not well-served by intake-focused approaches.
“We want to help those patients that, as a consequence of this trajectory over time, end up in a place where maybe they’re ill-served by a GLP-1.”
One example is the “Thin NASH” phenotype, often seen in South Asian populations — patients with significant liver fat but low BMI. These individuals often have low muscle mass and hidden adiposity, making standard obesity classifications inadequate.
A Patient-Centered Approach to Metabolic Health
While the mechanism is mitochondrial, the mission is human. Rivus places patient experience at the center of its development strategy.
Dr. Khan emphasized that therapies should support a positive and empowering experience for patients, especially older adults who may already face reduced skeletal muscle mass, bone density loss or frailty. In this context, calorie-restrictive interventions can sometimes do more harm than good.
“Not to be crass, but you don’t want to starve grandmom!” he said.
This mindset is especially relevant in elderly patients with comorbidities like sarcopenia. For them, a calorie-restrictive approach may not only be ineffective but also dangerous. Their lead candidate, in contrast, offers a pharmacologic path to burn fat without depleting energy reserves.
“Could we help them achieve an improvement in their cardiovascular fitness by providing them an increase in their metabolic rate so that they were burning more fat just by sitting there?” he posed.
Managing Novelty: Regulatory and Scientific Stewardship
Dr. Khan noted that introducing a novel pharmacology goes beyond producing strong data. It requires trust-building and directly addressing potential concerns or misconceptions about the mechanism.
Because Rivus is targeting the body’s core metabolic processes, the team has been especially thoughtful about safety monitoring — including tracking body temperature, which reflects shifts in metabolic activity.
To support confidence, Rivus has developed robust exposure-response models and dose predictability frameworks to monitor and optimize safety:
- Tracking changes in body temperature
- Modeling metabolic rate by dose
- Identifying population-specific thresholds
These models have provided confidence in selecting dose levels that reliably activate the desired metabolic effects.
The company also brings regulators into the conversation early, ensuring their input shapes trial design from the outset.
Expanding the Field: From Obesity to Disease Modification
By improving mitochondrial function and reducing fat burden at the cellular level, Rivus aims to reshape disease trajectories, not just manage symptoms.
Health isn’t just about shedding pounds — it’s about the quality and sustainability of that weight loss and what it means for a better life.
Dr. Khan pointed out that many current options lead to quick results but aren’t designed to alter the course of the disease. “I don’t think that’s healthy for the patient. I definitely don’t think that’s healthy for us as a society…” he said.
Rivus, by contrast, aims for fat-targeted therapies that offer longer-term metabolic benefits, even after treatment ends.
AI and the Future of Dual-Action Metabolic Therapies
Looking ahead, Rivus is applying AI to accelerate drug design and match the right therapy to the right patient.
Rivus is now advancing daily oral molecules that combine energy intake suppression with energy expenditure — a dual-action approach supported by early preclinical data showing synergistic effects.
As Dr. Khan noted, the concept isn’t hard to grasp: “I think we all have friends who can eat what they want, and their metabolism is fast, and they never gain any weight.” By mimicking this metabolic advantage pharmacologically, Rivus hopes to improve both the durability and quality of weight loss.
The company is also using AI to help identify which patient populations may benefit most from these therapies. This reflects a trend focused not just on weight reduction, but on preserving long-term health, function and independence.
Dr. Khan sees this evolution as the next step in combating chronic disease through better biology and smarter tools, with the goal of achieving “more sustainable, better quality weight loss” that could, in time, help “stave off the ravages of age” and reshape how obesity-related diseases are treated.
What’s Next for Rivus?
Rivus will soon release results from its pivotal Phase IIb M-ACCEL study in MASH — a six-month trial evaluating the effect of its lead candidate on fibrosis and liver function. The data will help define next steps for both this candidate and future compounds in:
- MASH
- Heart failure with preserved ejection fraction (HFpEF)
- Type 2 diabetes
- Hypertension and atherosclerotic cardiovascular disease (ASCVD)
- Non-adiposity-driven conditions tied to mitochondrial dysfunction
“Expect a lot and expect great things, and we look forward to communicating the amazing results as they come,” concluded Dr. Khan.
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