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Viking Therapeutics Shares Surge 28% as Obesity Treatment Moving into Phase 3 Trial

Shares of $Viking Therapeutics$ on Wednesday jumped in post-market trading after the company said that its VK2735 drug to tackle obesity is advancing to a phase 3.The stock was up 19.1%, to $60.04, in pre-market trading on Thursday.The clinical-stage biopharmaceutical company said that its first-half was marked by strong momentum in its pipeline program.The phase 2 Venture study of VK2735 in obesity demonstrated up to an about 15% reduction in body weight following 13 weeks of dosing, as well as
Viking Therapeutics Shares Surge 28% as Obesity Treatment Moving into Phase 3 Trial

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