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Stock impact report

Obesity Drugs Have Multi-Billion-Dollar Market Potential, Says Oppenheimer — Here Are 2 Stocks to Take Advantage [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
This is true in every stock sector, but today we'll focus on biotech. The biotech firms have famously high product lead times, paired with equally high overhead expenses; it's a combination that would make them unlikely investments, except that when a drug is approved, it can turn into a blockbuster. Successful biotech investors will learn how to spot those blockbuster biotech opportunities before they hit. A new sector review by Oppenheimer's five-star analyst Jay Olson sees just such an opportunity in the market for obesity drugs. He notes that this field has multi-billion-dollar market potential, and writes, “We consider obesity the next wave for healthcare investors following on the heels of Immuno-Oncology (IO). Consensus sales for obesity drugs already approved and in development are expected to reach ~$67B. Meanwhile, obesity sales are expected to exceed IO in 2029 before reaching a similar peak in 2032. The obesity opportunity is driven by overwhelming demographics and fav Show less Read more
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