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. develops clinical-stage biopharmaceutical therapies for metabolic and endocrine disorders. News about VKTX centers on VK2735, a dual GLP-1 and GIP receptor agonist being developed in subcutaneous and oral formulations for obesity and other metabolic disorders, including updates from the VANQUISH and VENTURE clinical programs.
Recurring company updates also cover financial results, corporate development, investor-conference participation, and earlier pipeline work such as an amylin agonist program. Viking's announcements typically connect clinical trial design, efficacy and safety data, regulatory interactions, and cash resources to the progress of its metabolic-disease portfolio.
Viking Therapeutics (NASDAQ: VKTX) has scheduled its fourth quarter and year-end 2024 financial results release for February 5, 2025, after market close. The clinical-stage biopharmaceutical company, which focuses on developing novel therapies for metabolic and endocrine disorders, will host a conference call at 4:30 p.m. Eastern Time on the same day.
Participants can join the call by dialing (844) 850-0543 from the U.S. or (412) 317-5199 internationally. A replay will be available until February 12, 2025, accessible by dialing (877) 344-7529 (U.S.) or (412) 317-0088 (international) with replay code #6731266. The webcast will be available on Viking's website and archived for 30 days.
Viking Therapeutics (NASDAQ: VKTX) has initiated a Phase 2 VENTURE-Oral Dosing Trial for VK2735, their dual GLP-1 and GIP receptor agonist in tablet form. The 13-week study will evaluate safety, tolerability, pharmacokinetics, and weight loss efficacy in approximately 280 adults who are obese or overweight with comorbidities.
Previous 28-day Phase 1 results showed promising outcomes, with participants experiencing dose-dependent weight reductions up to 8.2%, and persistent effects up to 8.3% four weeks post-treatment. Up to 100% of treated subjects achieved ≥5% weight loss, compared to 0% for placebo. The treatment demonstrated good tolerability, with 99% of adverse events being mild or moderate.
Concurrently, Viking is advancing a subcutaneous formulation of VK2735, which showed significant results in its Phase 2 VENTURE study, with weight reductions up to 14.7%. The company plans to initiate Phase 3 development for the subcutaneous formulation in first half of 2025.
Viking Therapeutics (NASDAQ: VKTX) has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference, scheduled for January 13-16, 2025, in San Francisco. The company's CEO, Brian Lian, Ph.D., will deliver a corporate presentation on Monday, January 13, 2025, from 1:30 to 2:10 p.m. Pacific time at The Westin St. Francis San Francisco on Union Square.
The presentation will be accessible via live webcast through the Viking Therapeutics website's Investors & Media section under Webcasts. A replay will be available on the company's website after the conference. Dr. Lian will also participate in one-on-one meetings during the event.
Viking Therapeutics is a clinical-stage biopharmaceutical company that specializes in developing novel therapies for metabolic and endocrine disorders.
Viking Therapeutics announced final 52-week results from its Phase 2b VOYAGE study of VK2809 in NASH/MASH patients. The drug achieved primary and secondary endpoints with significant liver fat reductions ranging from 37% to 55% at Week 52. NASH resolution rates were 63-75% in treated groups versus 29% for placebo. Patients showed fibrosis improvement of 44-57% compared to 34% for placebo. The drug demonstrated promising safety profile with 94% of treatment-related adverse events being mild or moderate. Additionally, VK2809 showed 20-25% placebo-adjusted reductions in LDL-C and improvements in other cardiovascular markers.
Viking Therapeutics (NASDAQ: VKTX), a clinical-stage biopharmaceutical company, will present results from its Phase 2b clinical trial of VK2809 at the 75th Liver Meeting® 2024. The study focuses on patients with biopsy-confirmed non-alcoholic steatohepatitis (NASH) or metabolic dysfunction associated steatohepatitis (MASH). The oral presentation is scheduled for November 19, 2024, at the San Diego Convention Center. The trial, titled 'Results from the 52-Week Phase 2b VOYAGE Trial of VK2809 in Patients with Biopsy-Confirmed Non-Alcoholic Steatohepatitis and Fibrosis: A Randomized, Placebo-Controlled Trial,' will be presented by Dr. Rohit Loomba, Director of the NAFLD Research Center and Professor of Medicine at the University of California, San Diego.
Viking Therapeutics presented new clinical data from its VK2735 obesity program at ObesityWeek® 2024. The oral tablet formulation showed up to 8.2% weight loss from baseline (6.8% placebo-adjusted) after 28 days of dosing, with effects persisting up to Day 57. The subcutaneous formulation demonstrated up to 14.7% weight loss after 13 weeks in the VENTURE Phase 2 study, with maintenance effects lasting up to 7 weeks post-treatment. Both formulations showed encouraging tolerability with mainly mild adverse events. The company plans to discuss the injectable VK2735's clinical path with FDA and initiate a Phase 2 study for the oral formulation by year-end.
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.