Three receptors, three different sensitivities
Retatrutide is described in the literature as a triple agonist engaging the GIP, GLP-1 and glucagon receptors. All three are class B G-protein-coupled receptors that couple to Gs and raise intracellular cAMP, so the assay readout is the same in each case and the interesting comparison is relative potency across the panel rather than the presence or absence of a signal. That is a harder measurement than it sounds, because a single dose-response curve run against a mixed receptor population cannot separate the arms.
Published receptor-panel work therefore uses cell lines expressing one receptor each, run in parallel, with a single-receptor reference agonist in every arm to anchor the scale. Semaglutide serves that role for the GLP-1 arm in many designs and tirzepatide for the dual-agonist comparison. Without those anchors, a potency figure from one laboratory cannot be compared with a figure from another, because expression level and cell background both shift the absolute numbers.
The glucagon arm is the most fragile of the three in practice. It is typically the weakest interaction in the panel, so any loss of intact peptide — through aggregation, adsorption or freeze-thaw degradation — flattens that curve first while leaving the other two apparently intact. A study reporting a surprisingly weak glucagon arm should rule out material handling before drawing a pharmacological conclusion.