Altimmune leads obesity drug developers lower after data for lead asset [Seeking Alpha]
Viking Therapeutics, Inc. (VKTX)
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Altimmune leads obesity drug developers lower after data for lead assetMar. 21, 2023 2:58 PM ETAltimmune, Inc. (ALT)AMGNPFENVOLLYVKTXRYTMBy:Dulan LokuwithanaSA News Editor5 Commentsmphillips007Leading weight loss drug developers are on the decline after clinical-stage biotech Altimmune (NASDAQ:50% lowerCiting topline data, Altimmune () said that pemvidutide, a GLP-1/glucagon dual receptor agonist, led to 10% or more weight loss in ~50% of subjects in its 48-week MOMENTUMPhase 2 obesity trial.Its Phase 1b trial for pemvidutide in patients with type 2 diabetes has indicated that the experimental therapy at 2.4 mg led to a 7.7% weight loss over 12 weeks, while patients on placebo experienced a mean weight gain of 0.8%.While Altimmune (Meanwhile, Viking Therapeutics (lost ~17%Pharma giants Eli Lilly (However, Novo Nordisk (According to Morgan Stanley, the market for anti-obesity drugs couldreach $54B by 2030
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VKTX
News
- Viking (VKTX) to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics: An Oral Weight Loss Drug With More Data Ahead [Seeking Alpha]Seeking Alpha
- Viking Therapeutics to Report Financial Results for First Quarter 2024 on April 24, 2024PR Newswire
- Viking Therapeutics, Inc. (VKTX) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- What Makes Viking Therapeutics (VKTX) an Attractive Potential Opportunity? [Yahoo! Finance]Yahoo! Finance
VKTX
Earnings
- 2/7/24 - In-Line
VKTX
Sec Filings
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- VKTX's page on the SEC website