Viking sails ahead with pivotal trial and billion dollar cash pile

6 February 2025

San Diegan biotech Viking Therapeutics (Nasdaq: VKTX) has announced plans to initiate late-stage clinical trials for its obesity drug candidate VK2735 in the second quarter of 2025.

Although excitement around the firm has faded in the last six months, as reflected by a declining share price, the company goes into Phase III in a strong financial position, ending the year with over $900 million in cash and equivalents.

Clinical pipeline

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