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Stock impact report

Viking Therapeutics' VK5211 successful in mid-stage hip fracture study; shares up 18% 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
Viking Therapeutics' VK5211 successful in mid-stage hip fracture study; shares up 18% premarketViking Therapeutics (NASDAQ:VKTX) is up18% premarket on light volume in response to itsannouncement of positive results from a Phase 2 clinical trial assessing VK5211 in patients with recent hip fractures. The study met its primary endpoint of a statistically significant increase in lean body mass, less head compared to placebo. Key secondary endpoints were also met.On the safety front, no drug-related serious adverse events were observed.VK5211, the company's lead program for muscle and bone disorders, is an orally available, non-steroidal selective androgen receptor modulator designed to selectively stimulate muscle and bone formation with reduced activity in peripheral tissues such as skin and prostate.Management will host a conference call momentarily to discuss the results.Previously:Viking Therapeutics completes enrollment in Phase 2 study of VK5211 in patients recovering from hip frac Show less Read more
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