The question in the title: How to read a phase 2 result without treating it as a phase 3 result I will give what I have already checked below so nobody repeats it.
Putting the numbers in the first post, because a question about a compound without them turns into a question about somebody's impression of it.
retatrutide, monoisotopic mass near 4731.3 Da, 4 weeks of my own notes, and 4 lots from 2 suppliers with a purity figure on each. That is the whole basis of what follows.
What I want checked is the reasoning I have built on top of it, not the figures themselves.