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Viking Therapeutics Shares Plunge 43% After Disappointing Trial

8/20/2025

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Story summary
  • Viking Therapeutics' shares declined by over 43% following unsatisfactory mid-stage trial results for VK2735, which resulted in an average 12.2% weight loss.
  • Around 28% of participants discontinued the trial due to gastrointestinal side effects, such as nausea and vomiting.
  • The company's market cap fell to approximately $2.8 billion, raising concerns about its competitiveness with Eli Lilly and Novo Nordisk.