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-0.00084721829991531 -0.000282406099971904 0.00198813894380117 0.00621293419937867 0.008189776899181 -0.0234397062976562 -0.0194860208980515 -0.0194860208980515
Stock impact report

Viking: Results From 2 Clinical Trials Of Weight Loss Drug Ahead, Other Catalysts On Tap [Seeking Alpha]

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: Seeking Alpha
VKTX has four catalysts on tap in H1'24, with data from the company's weight loss drug, VK2735, looking set to produce data in Q1'24. VKTX has $376M in cash, cash equivalents and short-term investments, meaning the company is funded for years to come. Viking Therapeutics' ( NASDAQ: VKTX ) most advanced pipeline candidate is VK2809, a drug for non-alcoholic steatohepatitis (NASH). A lot of the excitement surrounding VKTX right now, however, relates to its obesity drug, VK2735 (the drug also has potential in various metabolic disorders including diabetes and NASH). Incretin developers are rallying right now On December 4, Roche ( OTCQX:RHHBY ) announced a merger agreement to acquire Carmot Therapeutics (which was about to IPO) for $2.7B in cash, and up to $400M in milestones. The deal sees RHHBY get a hold of Carmot's pipeline of incretins, including the phase 2 ready drug CT-388, which is an agonist of glucagon-like peptide 1 (GLP-1) and glucose-dependent insulinotropic polype Show less Read more
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