Why Viking Therapeutics Stock Was Victorious This Week

From Nasdaq: 2025-05-02 17:48:00

Viking Therapeutics (NASDAQ: VKTX) saw a significant increase in its stock price this week, rising by almost 18% due to its weight-loss drug development. The World Health Organization (WHO) is set to support obesity drugs, aiming to improve access for lower- and middle-income patients. Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound are leading the market in weight-loss drugs in the U.S., with Viking’s VK2735 showing promise in phase 2 trials. WHO’s endorsement will further boost the global market for these medications.

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