Viking Therapeutics reports Q3 2026 financials and pipeline updates
The company raised $960 million cash while announcing Phase 3 oral VK2735 trials and positive maintenance dosing data. Net loss widened to $183.2 million due to higher R&D costs.
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Clinical-stage biotechnology company developing therapies for obesity and metabolic diseases
vikingtherapeutics.comLast updated
In short: Viking Therapeutics reported a wider Q3 loss as it advanced oral VK2735 into Phase 3.
The company raised $960 million cash while announcing Phase 3 oral VK2735 trials and positive maintenance dosing data. Net loss widened to $183.2 million due to higher R&D costs.
The SUNRISE program evaluates oral VK2735 in adults with and without type 2 diabetes for 68 weeks to assess weight loss efficacy
Proceeds fund clinical development of VK2735 and VK3019 for obesity and metabolic disorders.
The company plans to raise $400 million through common stock and convertible senior notes due 2032 to fund clinical development of VK2735 and general corporate purposes.
Viking Therapeutics, Inc. (Viking) (Nasdaq: VKTX), a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, today announced its...
Viking Therapeutics raised $575 million to fund major obesity drug trials, develop its pipeline, and support commercial development of any approvals for VK2735.
Viking's weight loss pill program has a couple of issues, including the fierce competitors who have a big head start.
(Viking) (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on the development of...
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