Viking Therapeutics' experimental tablet reduced weight by as much as 3.3% when tested in volunteers enrolled in a small early-stage trial, meeting Wall Street expectations...
March 26, 2024 -Viking Therapeutics' experimental tablet reduced weight by as much as 3.3% when tested in volunteers enrolled in a small early-stage trial, meeting Wall Street expectations and sending the company's shares up 15% in premarket trading on Tuesday.
California-based Viking reported weight loss of 3.3% in seven people given the highest 40-milligram dose of the drug, called VK2735, when adjusted for placebo rates, at 28 days. It helped patients lose weight by 1.1% on average at a half-strength dose. Viking said it planned to continue the trial to test higher doses of the drug in healthy or overweight volunteers, given that side effects were mild- and- moderate in severity.The data on VK2735 closely follows mid-stage results that showed an injectable version of the drug helped patients lose nearly 15% of their body weight on average.
On the other hand, "if somebody didn't want to start with an injectable therapy, maybe they could start with an oral for some temporary period of time," said CEO Brian Lian.
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