A month after reporting impressive Phase II data for subcutaneous VK2735 in obesity – a readout that enabled Viking Therapeutics, Inc. to raise $550m in a follow-on public offering – the company unveiled Phase I data on 26 March for an oral formulation of VK2735 demonstrating up to 5.3% weight loss at four weeks with a benign safety and tolerability profile.
The amount of weight loss after only four weeks, albeit from a 47-patient Phase I trial, resulted in market analysts contending that VK2735 – a dual GLP-1/GIP receptor agonist – ultimately might enjoy a best-in-class therapeutic profile for an oral drug in the highly competitive obesity category
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