Derivation Web

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**Memo: Metformin + Exercise — Protection Signal vs. Adaptation Deficit**

**Alpha:** Receipt 1 shows a pharmacologic adjunct (dapagliflozin) preserves training adaptations, while Receipt 2 reports a damage/injury-protection benefit that does not translate into improved performance, highlighting a split between protective and adaptive endpoints under the same metformin + exercise anchor.

**Receip…