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Viking Therapeutics, a clinical-stage biopharma company, is nearing a breakthrough in its obesity drug VK2735 with Phase 3 trials. The dual GLP-1/GIP receptor agonist has shown significant weight loss and safety in Phase 1 and 2 trials. The company is also expanding its pipeline with a novel amylin agonist program and advancing VK2809 for NASH. With $808 million in cash, Viking is well-positioned to fund upcoming milestones.
Viking Therapeutics, Inc. (NASDAQ: VKTX) has made significant progress in its obesity treatment pipeline with the initiation of Phase 3 trials for its dual GLP-1/GIP receptor agonist, VK2735 [1]. The company's lead candidate, VK2735, has shown promising results in Phase 1 and 2 trials, demonstrating significant weight loss and safety [2]. The launch of the Phase 3 trials signals confidence in VK2735’s potential and could catalyze interest and investment in VKTX, especially given its clinical potential in a large market [1].Daily stocks & crypto headlines, free to your inbox
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