from24/7 Wall St.
13 hours agoViking Therapeutics Could Be Pharma's Next Big Buyout Target
The GLP-1 drug market has surged dramatically in the past four years, driven by soaring demand for weight-loss treatments that also tackle related conditions like diabetes and heart disease. Valued at over $100 billion today, the sector is projected to exceed $150 billion by 2030 as more patients seek effective therapies. Viking Therapeutics ( NASDAQ:VKTX ) is carving out a strong position with its dual GLP-1/GIP agonist VK2735, which showed up to 15% weight loss in Phase 2 trials.
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