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-0.00160814794961142 0.000461733388562576 -8.52805730855121E-05 0.0016812455836845 0.00685899466387274 0.00856460612558177 0.0149606491069905 0.0153261372773567
Stock impact report

Viking (VKTX) Up 17% on Encouraging Oral Obesity Drug Data [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 phase I study evaluated VK2735 at multiple dose levels and demonstrated dose-dependent reductions in mean body weight from baseline 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 to 2.1% in the placebo group. When adjusted for placebo rates, the drug reported a reduction in mean body weight of up to 3.3%. At the 20mg dose, patients lose weight by 1.1%. In addition, 57% of patients who received the 40mg dose of the drug lost at least 5% of their body weight. The drug was well-tolerated across all doses, with no serious adverse events. Based on a preliminary evaluation of the above data, Viking believes that treatment duration beyond 28 days may provide further reductions in body weight. In fact, those who received higher doses of VK2735 appeared to maintain or add to their weight loss at Day 34 in the study, which is six days after their last dose of the drug. Weight loss for Show less Read more
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