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Stock impact report

Viking Therapeutics, Inc. (VKTX) Advances Obesity Drug Development and Expands Metabolic Disease Pipeline [Yahoo! Finance]

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: Yahoo! Finance
Data published in the peer-reviewed journal Obesity show that the drug achieved a weight loss of 14.7% from baseline after 13 weeks of treatment, with no plateau observed. The clinical trial also met both primary and secondary endpoints. Following the positive Phase 2 trials, Viking is evaluating VK2735 in the Phase 3 VANQUISH-1 trial. It has already enrolled about 4,650 patients. “The study data served to highlight the promise that VK2735 holds as a potentially best-in-class dual GLP-1/GIP agonist and were central to our designing of the ongoing VANQUISH Phase 3 program,” said Brian Lian, CEO of Viking Therapeutics. The positive clinical trials come as interest in weight loss drug deals remains strong in the market. According to Viking Therapeutics CEO Brian Lian, drug makers are increasingly seeking ways to tap into the potential $150 billion market. Viking Therapeutics, Inc. (NASDAQ:VKTX) is a clinical-stage biopharma company developing drugs for metabolic and endocrine dise Show less Read more
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