Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Biotech firm Viking Therapeutics, developing obesity drug in trials, reports $49.6M Q2 loss, but has $900M cash & significant investor interest.
Viking Therapeutics, Inc. (VKTX) is a biotech firm focused on developing therapies for metabolic disorders, with a promising obesity drug in trials that could compete with major players like Novo Nordisk and Eli Lilly.
Despite a net loss of $49.6 million in Q2, VKTX boasts over $900 million in cash and significant investor interest, with 50 hedge funds holding a combined stake of $479.1 million.
Its oral drug formulation may offer a competitive edge in the market.
3 Articles
La firma biotecnológica Viking Therapeutics, que desarrolla el fármaco para la obesidad en ensayos, reporta una pérdida de $49.6M Q2, pero tiene $900M en efectivo e importante interés de los inversionistas.