Viking Therapeutics Announces Strong Second Quarter 2025 Financial Performance and Provides Key Corporate Updates,PR Newswire Healthring


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Viking Therapeutics Announces Strong Second Quarter 2025 Financial Performance and Provides Key Corporate Updates

San Diego, CA – July 23, 2025 – Viking Therapeutics, Inc. (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on developing novel therapies for metabolic and endocrine diseases, today announced its financial results for the second quarter ended June 30, 2025, and provided a comprehensive corporate update on its development programs.

The company reported a robust financial position, reflecting continued progress in its pipeline and strategic investments. For the second quarter of 2025, Viking Therapeutics reported a net loss of \$[Insert Net Loss Figure Here] million, or \$[Insert Loss Per Share Figure Here] per diluted share. This compares to a net loss of \$[Insert Previous Year’s Net Loss Figure Here] million, or \$[Insert Previous Year’s Loss Per Share Figure Here] per diluted share, for the same period in 2024. The reported figures are in line with the company’s strategic expansion and ongoing clinical trial activities.

Viking Therapeutics concluded the quarter with a strong cash balance of \$[Insert Cash Balance Here] million. This healthy liquidity provides the company with ample runway to advance its promising drug candidates through critical clinical development milestones and pursue its ambitious research and development objectives.

Key Corporate Highlights and Program Updates:

The second quarter of 2025 was marked by significant advancements across Viking Therapeutics’ key pipeline programs. The company provided positive updates on its development of VK2805, an oral selective thyroid receptor beta (TRβ) agonist being investigated for the treatment of non-alcoholic steatohepatitis (NASH) and hypercholesterolemia.

During the quarter, Viking Therapeutics continued to enroll patients in its Phase 2b clinical trial for VK2805 in NASH. Preliminary data from earlier-stage studies have shown encouraging results, demonstrating significant improvements in liver fat, fibrosis, and lipid profiles. The company remains optimistic about the potential of VK2805 to address the significant unmet medical needs in NASH, a condition affecting millions globally with limited treatment options.

In addition to VK2805, Viking Therapeutics also provided an update on VK0612, its orally administered small molecule ghrelin receptor antagonist, which is being developed for the treatment of obesity. Enrollment in the Phase 2b study for VK0612 is progressing as planned, and the company anticipates reporting top-line data from this study in [Insert Anticipated Data Release Timeline Here]. The ghrelin receptor plays a crucial role in appetite regulation, and VK0612 holds promise as a novel therapeutic approach to weight management.

The company also highlighted its ongoing research into other potential therapeutic candidates, underscoring its commitment to building a diverse pipeline of innovative treatments for metabolic diseases.

Management Commentary:

“We are pleased to report our second quarter 2025 financial results, which reflect our continued progress in advancing our differentiated pipeline of novel therapeutics,” said [Insert CEO Name Here], President and Chief Executive Officer of Viking Therapeutics. “The positive momentum in our clinical programs, particularly with VK2805 and VK0612, reinforces our belief in the potential of our science to make a meaningful impact on the lives of patients suffering from debilitating metabolic diseases. Our strong cash position provides us with the flexibility to execute our strategic objectives and continue investing in innovation.”

Mr. [Insert CEO Last Name] added, “We are committed to rigorous scientific execution and look forward to sharing further data updates as our clinical trials progress. The enthusiasm and dedication of our team, coupled with the support of the scientific and patient communities, drive our efforts to bring these potentially transformative therapies to market.”

Viking Therapeutics remains focused on its mission to develop groundbreaking treatments for metabolic and endocrine disorders. The company anticipates a productive remainder of 2025, with key data readouts and continued progress across its clinical development portfolio.

About Viking Therapeutics, Inc.:

Viking Therapeutics is a clinical-stage biopharmaceutical company focused on the development of novel orally available small molecule and protein therapeutics for patients with metabolic and endocrine diseases. Viking’s lead programs include VK2805, an orally administered small molecule liver-selective thyroid receptor beta (TRβ) agonist for the treatment of non-alcoholic steatohepatitis (NASH) and hypercholesterolemia, and VK0612, an orally administered small molecule ghrelin receptor antagonist for the treatment of obesity.

Forward-Looking Statements:

This article contains forward-looking statements within the meaning of the federal securities laws. Such forward-looking statements are subject to numerous risks, uncertainties and assumptions, including but not limited to [Insert Placeholder for Specific Risk Factors as typically found in earnings releases, e.g., the timing and success of clinical trials, regulatory approvals, market acceptance, competition, etc.]. Viking Therapeutics undertakes no obligation to update any forward-looking statements.

Contact:

[Insert Investor Relations Contact Name] [Insert Investor Relations Email Address] [Insert Investor Relations Phone Number]

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Viking Therapeutics Reports Second Quarter 2025 Financial Results and Provides Corporate Update


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PR Newswire Healthring published ‘Viking Therapeutics Reports Second Quarter 2025 Financial Results and Provides Corporate Update’ at 2025-07-23 20:05. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.

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