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Stock impact report

Viking Therapeutics: Barbaric Value [Seeking Alpha]

Viking Therapeutics, Inc. (VKTX) 
Last viking therapeutics, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vikingtherapeutics.com
Company Research Source: Seeking Alpha
Summary Viking therapeutics (NASDAQ: VKTX ) is a recent offshoot of Ligand Pharmaceuticals (NASDAQ: LGND ). It has six drugs in its pipeline, three farther along than the others. At a current valuation of roughly $22 million, with ~$0.75 in cash, the market is valuing its pipeline at a mere $10 million. Viking's top two candidates are: VK5211 currently in a phase two trial for osteoporotic hip fractures (seen in geriatric patients), and VK2809, in a phase two trial for dyslipidemias and non-alcoholic fatty liver disease (NAFLD). NAFLD is a condition leading to non-alcoholic steatohepatitis (NYSEARCA: NASH ). Its third candidate, VK0214, is in development for treatment of X-linked Adrenoleukodystrophy, a rare, often fatal genetic disease. VK0214 was recently given orphan drug status by the FDA. Additionally, it has VK0612 in development for diabetes mellitus, type 2, and an erythropoietin-receptor agonist for anemia. Both VK5211 and VK2809 would address diseases that affect t Show less Read more
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