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0.00060467707526535 -0.00296223825635588 -0.00636269753916802 -7.47353688529624E-05 -0.0129835718071013 -0.0224413327354503 -0.00958650958650957 -0.00143356025708959
Stock impact report

VKTX Inks Manufacturing Deal With CordenPharma for Obesity Drug Supply [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
organization (CDMO), for both the oral and subcutaneous (SC) formulations of its obesity drug VK2735. Per the terms, Viking has secured dedicated manufacturing capacity to support the large-scale production of VK2735. The deal includes an annual supply commitment for multiple metric tons of the active pharmaceutical ingredient (API) behind VK2735, along with fill/finish capacity for both versions of the drug. CordenPharma will provide 100 million autoinjectors, 100 million vial and syringe products, and over 1 billion oral VK2735 tablets annually through dedicated manufacturing lines. In addition, VKTX will retain an option to expand these capacities. In consideration of these rights, Viking Therapeutics will make prepayments totaling $150 million over the next three years. These payments will be credited against future orders. VKTX's Progress With Its Obesity Program Encouraging VK2735 has shown blockbuster potential, demonstrating superior weight reduction capabilities acr Show less Read more
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