Welcome to our dedicated page for Viking Therapeutics news (Ticker: VKTX), a resource for investors and traders seeking the latest updates and insights on Viking Therapeutics stock.
Viking Therapeutics, Inc. (NASDAQ: VKTX) is a clinical-stage biopharmaceutical company whose news flow centers on the development of therapies for metabolic and endocrine disorders. Company press releases highlight progress across a pipeline that includes VK2735 for obesity and related metabolic conditions, VK2809 for lipid and liver disorders such as NASH and NAFLD, VK0214 for X-linked adrenoleukodystrophy (X-ALD), and an emerging program of dual amylin and calcitonin receptor agonists (DACRAs) for obesity and other metabolic diseases.
For VK2735, Viking regularly issues news on clinical milestones in both subcutaneous and oral tablet formulations. Recent announcements describe positive Phase 2 VENTURE trial results in obesity, with statistically significant weight loss and encouraging safety and tolerability, as well as Phase 2 VENTURE-Oral Dosing data showing meaningful weight reduction after 13 weeks of once-daily oral therapy. Additional releases cover the initiation and progress of the Phase 3 VANQUISH-1 and VANQUISH-2 trials, which evaluate weekly subcutaneous VK2735 in adults with obesity or overweight, including those with type 2 diabetes, over 78 weeks.
News items also detail exploratory maintenance dosing studies of VK2735 that examine monthly subcutaneous, weekly oral, and daily oral regimens following initial weight loss. Beyond obesity, Viking’s updates discuss VK2809’s Phase 2b success in biopsy-confirmed NASH and fibrosis, as well as Phase 2a results in NAFLD with elevated LDL-C, and VK0214’s Phase 1b data in X-ALD showing reductions in very long-chain fatty acids. Investors following VKTX news can expect coverage of clinical data presentations at scientific meetings, participation in healthcare and investor conferences, and SEC-reported corporate updates on financial results and pipeline status.
Viking Therapeutics (NASDAQ: VKTX) has announced its participation in four major investor conferences in November 2024. The company will attend the Truist Healthcare Conference in New York (Nov 7) for a fireside chat, the UBS Global Healthcare Conference in Rancho Palos Verdes (Nov 11-14), the Stifel Healthcare Conference in New York (Nov 18-19) with a corporate presentation, and the Jefferies London Healthcare Conference (Nov 19-21).
Management will participate in one-on-one meetings at all events. A live webcast of the Stifel presentation will be available through Viking's website, with a replay accessible afterward in the Investors & Media section.
Viking Therapeutics (NASDAQ: VKTX) announced two upcoming presentations at ObesityWeek® 2024 featuring clinical data from their VK2735 obesity program. The presentations will showcase results from: 1) The Phase 2 VENTURE trial evaluating a 13-week subcutaneous treatment of VK2735 in obese subjects, and 2) A Phase 1 multiple ascending dose (MAD) trial testing an oral formulation administered daily for 28 days. VK2735 is a dual agonist targeting GLP-1 and GIP receptors for metabolic disorders treatment. Both presentations will be delivered by Dr. Joel Neutel at the Henry B. Gonzalez Convention Center on November 3, 2024.
Viking Therapeutics reported Q3 2024 financial results and pipeline updates. The company ended Q3 with $930 million in cash. Key highlights include planned End-of-Phase 2 Meeting for subcutaneous VK2735 obesity treatment in Q4 2024, expected initiation of Phase 2 study for oral VK2735 in Q4 2024, and positive Phase 1b results for VK0214 in X-ALD. The company reported a net loss of $24.9 million ($0.22 per share) for Q3 2024, compared to $22.5 million ($0.23 per share) in Q3 2023. R&D expenses increased to $22.8 million from $18.4 million year-over-year.
Viking Therapeutics (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on developing novel therapies for metabolic and endocrine disorders, has announced it will release its financial results for the third quarter of 2024 after market close on Wednesday, October 23, 2024. The company will host a conference call to discuss these results and provide general corporate updates at 4:30 p.m. Eastern Time on the same day.
To participate in the conference call, U.S. callers can dial (844) 850-0543, while international callers should use (412) 317-5199. A telephone replay will be available until October 30, 2024, accessible by dialing (877) 344-7529 from the U.S. or (412) 317-0088 from outside the U.S., using the replay access code #9473630. The call can also be accessed via webcast on Viking's website, with an archive available for 30 days.
Viking Therapeutics announced positive results from its Phase 1b clinical trial of VK0214, a novel TRβ agonist, in patients with X-linked adrenoleukodystrophy (X-ALD). The study showed VK0214 to be safe and well-tolerated with once-daily dosing over 28 days. Significant reductions were observed in plasma levels of very long-chain fatty acids (VLCFAs) and other lipids compared to placebo.
Key findings include:
- Significant reductions in mean VLCFA levels at both 20 mg/day and 40 mg/day doses
- Reductions in C26:0-LPC, a key diagnostic marker
- Decreases in LDL-C, ApoB, and Lp(a) levels
- Mild to moderate treatment emergent adverse events
- Lower incidence of gastrointestinal adverse events in VK0214-treated subjects (11%) compared to placebo (33%)
The company views these results as encouraging and plans to explore next steps for VK0214 in X-ALD treatment.
Viking Therapeutics (NASDAQ: VKTX) announced its participation in the Morgan Stanley 22nd Annual Global Healthcare Conference from September 4-6, 2024, in New York City. CEO Brian Lian, Ph.D., will be the featured speaker in a fireside chat scheduled for September 4, 2024, from 1:50 – 2:25 p.m. Eastern at the New York Marriott Marquis.
The event will include Dr. Lian's participation in 1-on-1 meetings and a live webcast of the fireside chat. Investors can access the webcast through Viking's website in the Investors & Media section under Webcasts. A replay will be available post-conference. Viking Therapeutics is a clinical-stage biopharmaceutical company focusing on developing novel therapies for metabolic and endocrine disorders.
Viking Therapeutics (NASDAQ: VKTX) reported Q2 2024 financial results and provided corporate updates.
Key points include:
- VK2735: Advancing to Phase 3 for obesity after successful Phase 2 outcomes; Phase 2 oral study to begin in Q4 2024.
- VK2809: Positive biopsy results in NASH/MASH; End-of-Phase 2 meeting planned for Q4 2024.
- VK0214: Phase 1b study completed enrollment for X-ALD; data expected in H2 2024.
- Financials: Net loss of $22.3M ($0.20 per share) in Q2 2024 versus $19.2M ($0.19 per share) in Q2 2023. Cash and equivalents at $942M as of June 30, 2024.
Viking will host a conference call at 4:30 p.m. ET today to discuss these results.
Viking Therapeutics (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focusing on novel therapies for metabolic and endocrine disorders, has announced its plans to release financial results for the second quarter of 2024 after market close on July 24, 2024. The company will host a conference call at 4:30 p.m. Eastern Time on the same day to discuss the financial results and provide general corporate updates.
Interested parties can participate in the conference call by dialing (844) 850-0543 from the U.S. or (412) 317-5199 from outside the U.S. A telephone replay will be available until July 31, 2024. The call can also be accessed via webcast on Viking's website, with an archive available for 30 days.
Viking Therapeutics (NASDAQ: VKTX) presented preclinical data on its novel dual amylin and calcitonin receptor agonists (DACRAs) at the 84th Scientific Sessions of the American Diabetes Association. The studies showcased significant reductions in body weight and food intake in healthy rats and diet-induced obese (DIO) mice, with improvements in key metabolic markers such as blood glucose levels.
Viking's DACRAs achieved up to 8% body weight reduction in lean rats 72 hours post a single dose, and up to 10% weight loss in DIO mice over 24 days. Additionally, a 24% reduction in blood glucose was observed in DIO mice after 24 days. The compounds demonstrated EC50 values ranging from low nM to micromolar on the human amylin 3 and calcitonin receptors. These results support the continued development of Viking's dual agonist program targeting obesity and metabolic diseases.
Viking Therapeutics has announced positive 52-week histologic data from its Phase 2b VOYAGE study of VK2809 in patients with biopsy-confirmed NASH. VK2809 demonstrated significant efficacy across key endpoints: up to 75% of treated patients achieved NASH resolution with no worsening of fibrosis, and up to 57% showed a ≥1-stage improvement in fibrosis without worsening of NASH. The safety profile was consistent with earlier results, with most adverse events being mild or moderate. The results also showed substantial reductions in liver fat content and plasma lipids, indicating potential cardio-protective benefits.
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