Viking Therapeutics: Holiday Gift
Portfolio Pulse from
Viking Therapeutics has experienced a 50% drop in value since late October, despite positive developments in its GLP-1 drug candidate VK2735, which shows promising weight loss results. Concerns about manufacturing costs and scalability exist, but the company's strong pipeline and market potential in obesity make it a compelling investment.
December 19, 2024 | 3:45 pm
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Viking Therapeutics' stock has dropped 50% since late October, despite positive developments in its GLP-1 drug candidate VK2735, which shows promising weight loss results. Concerns about manufacturing costs and scalability exist, but the company's strong pipeline and market potential in obesity make it a compelling investment.
Despite the significant drop in stock price, the positive results from VK2735 and the strong pipeline suggest potential for recovery. The market potential in obesity is substantial, which could drive future growth. However, concerns about manufacturing costs and scalability may temper short-term gains.
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