Viking Therapeutics ($VKTX) is attracting attention in the biotech sector due to positive data on its fatty liver disease drug. The company's stock has seen fluctuations, with some investors pointing to potential replacements for its drugs. VKTX emphasizes the importance of drug tolerability and safety profiles, leading in these aspects. Recent data shows promising results in NASH resolution and efficacy. VKTX's upcoming milestones include FDA responses, oral drug updates, and MASH data. Despite market fluctuations and concerns, VKTX remains a focus for investors.
Viking says biopsy data confirm MASH drug’s benefit https://t.co/oOGiwcAyO5 $VKTX @ByJonGardner
$VKTX panic and irrational selloff on positive data Weak hands getting flushed, short term calls getting killed Market does that often Know what you own, rest is noise and short term price fluctuations
$VKTX another example illustrating the case for biotech companies raising cash while they can (after important data updates) -.. they did the offering at 85 on 2/28/24 - just about 3 mos later - stk at 53.