Positive Phase II Results for VK2735
The Phase II VENTURE-Oral Dosing Trial successfully achieved its primary and secondary endpoints with patients receiving VK2735 demonstrating statistically significant reductions in body weight compared with placebo. Up to 97% of subjects achieved at least 5% weight loss.
Initiation of Phase III VANQUISH Registration Program
Viking initiated the Phase III VANQUISH Registration program, including trials in patients with obesity and patients with obesity and type 2 diabetes. Enrollment for these trials is proceeding well and is ahead of schedule.
Strong Financial Position
Viking holds cash, cash equivalents, and short-term investments of $715 million as of the end of the third quarter, which allows the company to complete its planned Phase III obesity trials for VK2735.