earnings
confidence high
sentiment neutral
materiality 0.60
Viking Q1 2022 net loss $16.1M; VK2809 enrollment continues, VK2735 Phase 1 ongoing
Viking Therapeutics, Inc.
2023-Q1 EPS reported
-$0.21
- Net loss $16.1M ($0.21/share) vs $14.0M ($0.19/share) in Q1 2021; R&D up to $12.6M.
- Cash and investments $184.9M at March 31, 2022, down from $202.1M at Dec 31, 2021.
- Phase 2b VOYAGE study of VK2809 for NASH expects to complete enrollment in 2H22.
- Phase 1 trial of dual GLP-1/GIP agonist VK2735 ongoing; results expected by year-end.
- VK0214 for X-ALD on clinical hold, expects to submit requested preclinical data to FDA in 2Q22.