Advancement of VK2735 into Phase III
Viking Therapeutics announced the initiation of the VANQUISH Phase III registration program for VK2735, targeting obesity and type 2 diabetes, indicating significant progress in their clinical pipeline.
Completion of Enrollment for Phase II Oral Trial
The company completed enrollment in a Phase II trial for the oral formulation of VK2735, highlighting rapid enrollment and strong demand for new weight loss therapies.
Strong Cash Position
Viking Therapeutics reported $808 million in cash, cash equivalents, and short-term investments, providing a solid financial runway to support ongoing clinical trials and development programs.
Positive Phase II Results for VK2735
The VENTURE Phase II study achieved its primary and secondary endpoints, showing statistically significant weight loss of up to 14.7% and good safety profiles for VK2735.
Progress in Amylin Receptor Program
Viking made strides with its novel amylin receptor agonist program, with an IND filing expected in the fourth quarter, supporting further pipeline diversification.