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Stock impact report

Viking Therapeutics' experimental tablet helps reduce weight in small study [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
The company said it plans to initiate a phase 2 trial later this year, based on the early-stage data. Viking Therapeutics said a mean weight loss of up to 3.3% was observed in the study, when adjusted with placebo rates, at 28 days, in seven patients. "We believe that an oral agent with good tolerability could represent an attractive potential treatment option for patients with obesity. We look forward to exploring longer treatment windows and potentially higher doses," CEO Brian Lian said. The company last month reported data from a mid-stage study where its experimental injectable drug VK2735 helped patients with obesity lose nearly 15% of their body weight on average. (Reporting by Manas Mishra and Sneha S K in Bengaluru; Editing by Shounak Dasgupta) Show less Read more
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