Viking Therapeutics Faces Stock Decline After GLP-1 Pill Results

Reported 21 days ago

Viking Therapeutics (VKTX) shares have plummeted despite reporting positive results for its new obesity drug, as rising manufacturing concerns and increasing competition in the GLP-1 weight-loss market have overshadowed its breakthrough. Analysts Julie Hyman and Josh Lipton discuss the implications of the company's phase 1 trial results amid the ObesityWeek conference in San Antonio.

Source: YAHOO

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