Viking Therapeutics Shares Drop Amid Mixed Trial Results
TL;DR
Viking Therapeutics' stock plummeted 40% after a Phase 2 trial showed its oral weight-loss drug, VK2735, was effective but had high discontinuation rates and side effects, raising concerns among investors about its tolerability and efficacy compared to competitors like Eli Lilly.
Topics:top-newsbusiness#business#clinical-trial#glp-1#stock-decline#viking-therapeutics#weight-loss-drug
- Viking Therapeutics loses a third of its value after oral weight-loss drug trial MarketWatch
- Viking Therapeutics shares fall 40% on disappointing obesity pill trial data CNBC
- Viking Therapeutics (VKTX) Stock Fell More Than 30%. What Sent It Crashing. Barron's
- Viking's oral pill reduces up to 12.2% weight but shares slump on higher patient exits Reuters
- Viking Therapeutics Rises as Phase 3 Trials and Oral Formulation Progress Accelerate Yahoo Finance
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