Viking Therapeutics, Inc. (VKTX) Viking Therapeutics, Inc. operates as a clinical-stage biopharmaceutical company, specializing in the creation of novel treatments for metabolic and endocrine conditions. The company's leading investigational drug, VK2809, is an orally administered, tissue and receptor-selective agonist of the thyroid hormone receptor beta (TRß). This compound is currently progressing through Phase IIb clinical trials, targeting both non-alcoholic steatohepatitis (NASH) in biopsy-confirmed patients and non-alcoholic fatty liver disease (NAFLD). Viking's pipeline also features VK5211, an oral, non-steroidal selective androgen receptor modulator undergoing Phase II studies for individuals recuperating from non-elective hip fracture surgery. Additionally, VK0612, an oral drug candidate for type 2 diabetes, is poised to enter Phase IIb trials. The firm is also developing VK0214, another orally active, tissue and receptor-selective TRß agonist, specifically aimed at X-linked adrenoleukodystrophy. Founded in 2012, Viking Therapeutics is headquartered in San Diego, California.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Viking Therapeutics, Inc. NASDAQ:VKTX Healthcare · Biotechnology
Mkt Cap $3.48B
Vol 0
$ Vol 0
RVOL 0
Earnings 0
Press Release ● Major ⚠ 3
Viking Therapeutics Reports Third Quarter 2026 Financial Results and Provides Corporate Update
Viking Therapeutics reported Q3 2026 results with a net loss of $183.2 million ($1.55/share) versus $90.8 million ($0.81/share) a year ago, driven by a doubling of R&D spend to $166.8 million as Phase 3 programs scale.
The pipeline advanced on multiple fronts: VANQUISH Phase 3 trials for subcutaneous VK2735 remain on track for 2027 completion, SUNRISE oral Phase 3 trials are now underway, and Part 1 of the maintenance dosing study showed 83-97% weight-loss retention on less-frequent dosing with continued weight loss to ~22% on weekly dosing.
The company closed upsized concurrent stock and convertible note offerings for ~$575M gross proceeds, ending the quarter with $960M in cash and runway through Phase 3 completion and commercial launch preparation for VK2735.
Rising burn and recent dilution weigh on shareholders, but the maintenance data strengthens VK2735's differentiation in the crowded obesity space.
• 4d ago AI analysis › Press Release
Viking Therapeutics to Report Financial Results for Third Quarter 2026 on October 28, 2026
Viking Therapeutics will release third quarter 2026 financial results after market close on Wednesday, October 28, 2026.
The company will host a conference call at 4:30 p.m. Eastern Time that day to discuss results and general corporate updates, with a webcast and 30-day archive available on its investor relations site.
This is a scheduling notice with no financial results or pipeline news; VK2735 remains in Phase 3 obesity studies per the boilerplate company description.
• 11d ago AI analysis › Press Release ⚠ 2
Viking Therapeutics Announces Initiation of VK2735 Oral Phase 3 Clinical Program in Patients with Obesity
Viking Therapeutics initiated the SUNRISE Phase 3 program for oral VK2735, a once-daily dual GLP-1/GIP agonist, with two 68-week trials (SUNRISE-1 and SUNRISE-2) each enrolling 560 adults with obesity, with and without type 2 diabetes.
The move follows positive Phase 2 VENTURE-Oral results showing up to 12.2% mean body-weight reduction at 13 weeks, with up to 97% of patients achieving at least 5% weight loss.
Viking also continues the fully enrolled Phase 3 VANQUISH program for subcutaneous VK2735 (~4,500 and ~1,000 patients), positioning the oral tablet as an induction or maintenance option ahead of approved oral GLP-1 competition like Rybelsus.
• 18d ago AI analysis › Press Release
Viking Therapeutics Announces Initiation of VK2735 Oral Maintenance Dosing Clinical Trial in Patients with Obesity
Viking Therapeutics initiated Part 2 of its VK2735 maintenance dosing study, testing oral tablet regimens (daily and weekly) plus monthly and every-other-week subcutaneous regimens to maintain weight loss after initial weekly subcutaneous dosing.
The randomized, double-blind, placebo-controlled trial enrolls approximately 195 adults with obesity, with results expected in 2027; Part 1 subcutaneous maintenance results were recently positive.
VK2735 remains in two fully enrolled Phase 3 studies (VANQUISH-1, ~4,500 adults; VANQUISH-2, ~1,000 adults with type 2 diabetes), making maintenance optionality a potential commercial differentiator in the crowded GLP-1 obesity market.
• 26d ago AI analysis › Press Release ● Major ⚠ 2
Viking Therapeutics Announces Closing of Concurrent Upsized Offerings of Common Stock and Convertible Senior Notes, Including Full Exercise of Underwriters' Options to Purchase Additional Shares of Common Stock and Convertible Senior Notes
Viking Therapeutics closed concurrent upsized offerings of 9,035,714 common shares at $35.00 per share and $258.75 million of 2.00% convertible senior notes due 2032, with underwriters fully exercising their options for an additional 1,178,571 shares and $33.75 million of notes.
Gross proceeds totaled approximately $575.0 million, with estimated net proceeds of $547.8 million after discounts and expenses.
Funds are earmarked for continued clinical development and commercialization of the VK2735 obesity program and advancement of VK3019, plus general R&D and corporate purposes — substantially extending the cash runway but adding equity and convertible dilution.
• 1mo ago AI analysis › Press Release ● Major ⚠ 2
Viking Therapeutics Prices Upsized $500 Million Offering of Common Stock and Convertible Senior Notes
Viking Therapeutics priced an upsized $500 million concurrent offering: 7,857,143 common shares at $35.00 each plus $225 million of 2.00% convertible senior notes due 2032, each leg increased from the originally announced $200 million.
Estimated net proceeds are roughly $258.2 million from the equity and $218.0 million from the notes (more if over-allotments are exercised), earmarked for advancing the Phase 3 VK2735 obesity program, VK3019, and general R&D and working capital.
The notes convert at approximately $50.75 per share, a 45% premium to the offering price, with settlement scheduled for September 25, 2026. The raise extends the runway for the lead GLP-1/GIP dual agonist but dilutes existing holders.
• 1mo ago AI analysis › Press Release ● Major ⚠ 2
Viking Therapeutics Announces Proposed Offerings of Common Stock and Convertible Senior Notes
Viking Therapeutics announced proposed public offerings of $200.0 million of common stock and $200.0 million of convertible senior notes due 2032, with 30-day over-allotment options of up to $30.0 million each.
Morgan Stanley and J.P. Morgan are joint book-running managers; each offering stands independently and terms of the notes, including interest rate and conversion price, will be set at pricing.
Proceeds are earmarked for continued clinical development and commercialization of the VK2735 dual GLP-1/GIP agonist program (currently in Phase 3 for obesity) and the VK3019 amylin agonist, plus general corporate purposes.
• 1mo ago AI analysis › Press Release ● Major ⚠ 4
Viking Therapeutics Announces Positive Topline Results from Maintenance Study of GLP-1/GIP Agonist VK2735 Demonstrating the Promise of Multiple Maintenance Dosing Regimens
Viking Therapeutics reported positive topline results from its VK2735-102 maintenance study, with participants preserving up to 97% of induction weight loss on every-other-week dosing and up to 90% on monthly dosing, versus 61% maintenance for placebo.
In the 21-week induction phase, once-weekly VK2735 produced roughly 16% to 19% mean weight loss versus approximately 0% for placebo, and an exploratory cohort continuing weekly 17.5 mg dosing reached 21.7% mean weight loss at Week 33 with no plateau observed.
Maintenance-phase tolerability was strong, with GI adverse event rates similar to placebo and adverse-event discontinuations near zero across the roughly 180-participant trial.
The results support flexible, less-frequent maintenance regimens for the dual GLP-1/GIP agonist ahead of its Phase 3 obesity program, and the company plans to explore oral maintenance dosing in an upcoming part 2 of the study.
• 1mo ago AI analysis › Press Release
Viking Therapeutics to Participate at Upcoming Investor Conferences
Viking Therapeutics announced participation in three September investor conferences: the Cantor Global Healthcare Conference (Sept 9-11), the Morgan Stanley 24th Annual Global Healthcare Conference (Sept 14-16), and the Bernstein 3rd Annual Healthcare Forum (Sept 23-24), all in New York.
Management will host a fireside chat and investor meetings at each event; the Morgan Stanley fireside chat on September 14 at 3:20 pm ET will be webcast live, with a replay available on the company website.
The release contains no new clinical or financial data, restating the pipeline led by VK2735, a dual GLP-1/GIP receptor agonist in Phase 3 obesity studies in both subcutaneous and oral formulations, plus VK3019, VK2809, and VK0214.
This is routine IR scheduling with no expected market impact; the fireside chats are the only venue where incremental pipeline color could emerge.
• 1mo ago AI analysis › Press Release ● Major ⚠ 1
Viking Therapeutics Reports Second Quarter 2026 Financial Results and Provides Corporate Update
Phase 3 VANQUISH-1 and -2 trials for Viking Therapeutics' lead obesity drug VK2735 are fully enrolled, with oral formulation Phase 3 trials expected to begin in the fourth quarter of 2026.
The company posted a Q2 net loss of $128.0 million, or $1.10 per share, driven by increased R&D spending of $115.8 million as clinical activities accelerated.
Viking ended the quarter with a strong cash position of $502 million and appointed Hubert Chen, M.D. as chief medical officer to support its advancing pipeline.
• 3mo ago AI analysis › Press Release
Viking Therapeutics Appoints Dorothy Gemmell to Board of Directors
Viking Therapeutics appointed Dorothy Gemmell to its Board of Directors, effective immediately, adding over 25 years of healthcare commercialization experience.
Gemmell, a former executive at GoodRx and Capsule, brings expertise in scaling organizations and developing revenue models to the biotech's board.
The appointment strengthens commercialization capabilities as Viking prepares for the potential launch of its lead obesity asset VK2735, which is currently in Phase 3 studies.
• 3mo ago AI analysis › Press Release
Viking Therapeutics to Report Financial Results for Second Quarter 2026 on July 29, 2026
Viking Therapeutics announced it will report financial results for the second quarter of 2026 after the market closes on July 29, 2026.
The company plans to host a conference call at 4:30 p.m. Eastern Time to discuss the results and provide general corporate updates.
Viking is a clinical-stage biotechnology company focused on metabolic disorders, with its lead program VK2735 currently in Phase 3 studies for obesity.
• 3mo ago AI analysis › Press Release
Viking Therapeutics Announces Initiation of Phase 1 Study to Evaluate Novel Amylin Receptor Agonist VK3019 in Healthy Adults
Viking Therapeutics initiated a Phase 1 single ascending dose clinical trial for VK3019, a dual amylin and calcitonin receptor agonist, in healthy adults with a BMI of at least 30.
The randomized, double-blind study will assess safety, tolerability, and pharmacokinetics, following FDA clearance of the investigational new drug application.
Preclinical data indicated that Viking's DACRAs reduced body weight by up to 8% in diet-induced obese mice compared to controls within 72 hours.
• 4mo ago AI analysis › Press Release
Viking Therapeutics Announces Appointment of Hubert C. Chen, M.D., as Chief Medical Officer
Viking Therapeutics appointed Hubert C. Chen, M.D., as its new Chief Medical Officer, effective immediately.
Dr. Chen brings over two decades of experience, including leading obesity and type 2 diabetes programs at Amylin Pharmaceuticals and securing FDA approvals for drug-device combinations at Pfenex.
He will oversee clinical development, medical, and regulatory affairs, reporting to CEO Brian Lian, at a critical time as Viking advances its lead obesity candidate VK2735 through Phase 3 trials.
• 4mo ago AI analysis › Press Release
Viking Therapeutics to Participate at Upcoming Investor Conferences
Viking Therapeutics announced it will participate in two major investor conferences in June 2026.
Management will deliver a corporate presentation and breakout session at the William Blair 46th Annual Growth Stock Conference on June 2 in Chicago.
The company will also hold a fireside chat at the Jefferies Global Healthcare Conference on June 4 in New York, which will be webcast live.
• 5mo ago AI analysis › Press Release ● Major
Viking Therapeutics Presents Data from its 13-Week Phase 2 VENTURE-Oral Dosing Trial of VK2735 at European Congress on Obesity (ECO) 2026
prnewswire.com • 5mo ago Press Release
Viking Therapeutics Announces Two Poster Presentations at European Congress on Obesity (ECO) 2026
Viking Therapeutics announced it will present two posters on its VK2735 program at the European Congress on Obesity in May 2026.
One poster will cover Phase 2 VENTURE-Oral trial data on weight loss and safety, while the second will detail the design of the ongoing Phase 3 VANQUISH-1 trial.
The company is developing VK2735, a dual GLP-1/GIP agonist, in both subcutaneous and oral formulations for the treatment of metabolic disorders.
• 5mo ago AI analysis › Press Release ● Major ⚠ 2
Viking Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update
Viking reported a net loss of $158.3 million for Q1 2026, driven by increased R&D spend of $150.2 million as Phase 3 trials ramped up, though the company maintains a strong cash position of $603 million.
The lead obesity program VK2735 reached significant milestones, with Phase 3 VANQUISH-1 and VANQUISH-2 trials now fully enrolled, and plans advancing to initiate Phase 3 trials for the oral formulation in 4Q26.
Pipeline expansion continues with an IND filed for the novel amylin agonist VK3019, targeting Phase 1 initiation in 2Q26, while maintenance dosing data for VK2735 is expected in 3Q26.
• 6mo ago AI analysis › Press Release
Viking Therapeutics to Report Financial Results for First Quarter 2026 on April 29, 2026
Viking Therapeutics announced it will release its first quarter 2026 financial results after the market close on Wednesday, April 29, 2026.
The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide general corporate updates.
Viking is a clinical-stage biopharmaceutical company focused on developing novel therapies for metabolic and endocrine disorders.
• 6mo ago AI analysis › 3 law-firm class-action alerts