VT

Viking Therapeutics

VKTX
NASDAQHealth Care
$30.17
USD
-1.16(-3.70%)
At close: Apr 30, 17:15 UTC
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Open

$30.13

Prev. Close

$30.14

High

$30.17

Low

$30.13

Market Snapshot

Market Cap

$3.54B

P/E Ratio

-9.8

EPS

-1.00

Employees

53

Why VKTX moved

Viking Therapeutics plans to initiate Phase 3 trials for VK2735, targeting obesity treatment, supported by $603 million in cash and encouraging preliminary data.

About

Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of therapies for metabolic and endocrine disorders. The company is headquartered in San Diego, California and currently employs 53 full-time employees. The company went IPO on 2015-04-29. Its clinical programs include VK2735, a novel dual agonist of the glucagon-like peptide 1 and glucose-dependent insulinotropic polypeptide receptors for the potential treatment of various metabolic disorders. The company is evaluating an oral formulation of VK2735 in a Phase II trial. The company is also developing VK2809, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the treatment of lipid and metabolic disorders. Its newest program is evaluating a series of internally developed dual amylin and calcitonin receptor agonists for the treatment of obesity and other metabolic disorders. In the rare disease space, it is developing VK0214, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the potential treatment of X-linked adrenoleukodystrophy.

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