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Stock impact report

Viking (VKTX) to Report Q1 Earnings: What's in the Cards? [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
In the last reported quarter, the company's earnings met expectations. Factors to Consider Without an approved/marketed product in its portfolio, the focus is expected to be on updates related to Viking's pipeline consisting of three candidates — VK2735 (for obesity), VK2809 (for non-alcoholic steatohepatitis [NASH]) and VK0214 (for X-linked adrenoleukodystrophy (X-ALD)]. Viking Therapeutics is evaluating both oral and subcutaneous formulations of VK2735 in treating obesity. Last month, management reported data from a phase I study evaluating the oral formulation of the drug, which demonstrated dose-dependent reductions in mean body weight after 28 days of daily dosing. Patients who received the drug at the highest dose level (i.e., 40mg) lost up to 5.3% of their body weight compared with 2.1% in the placebo group. In fact, 57% of patients who received the 40mg dose lost at least 5% of their body weight. The drug was well-tolerated across all doses, with no serious adverse event Show less Read more
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