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Stock impact report

Viking's VK2809 shows positive effect in POC study in glycogen storage disease; shares ahead 10% premarket [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
Preliminary results from a proof-of-concept (POC) study assessing Viking Therapeutics' (NASDAQ: VKTX ) VK2809 in an in vivo model of a rare orphan disorder called glycogen storage disease Ia (GSD 1a) showed an encouraging effect. Specifically, treatment with VK2809 produced rapid and substantial reductions in liver triglyceride content (more than 60%) and liver weight (more than 30%) compared to vehicle controls. GSD Ia is characterized by an inability to metabolize glucose precursors which results in low blood sugar and increased metabolic formation of fat. VK2809  is an orally available, tissue and receptor-subtype selective agonist of the thyroid beta receptor. It belongs to a family of novel prodrugs which are cleaved in vivo to release potent thyromimetics. The study is ongoing. Complete results will be presented at an upcoming scientific conference. Shares are up   premarket on average volume. Now read: IPO Bumps Slow, But No Need To Panic Yet » Show less Read more
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