Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Viking Therapeutics advances obesity drug pipeline aiming for $1.3B sales by 2030 with unique dual agonist approach.

Market News
05 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Viking Therapeutics is progressing well with its obesity drug pipeline, focusing on a unique dual agonist treatment in a competitive market dominated by Lilly and Novo Nordisk. The company targets capturing 5–10% of the market through global expansion and late-stage development, with Phase 3 trials for its oral drug VK2735 expected by late 2026. Commercial launch is anticipated in 2028, potentially generating $1.3 billion in sales by 2030. Despite concerns over cash burn, investor confidence remains strong, with consistent buying since April 2025 indicating optimism about the company's growth prospects.

More News

Dow hits record 50,579 as oil stays above $103 amid supply risks and Fed rate-cut talk dismissed.

Dow hits record 50,579 as oil stays above $103 amid supply risks and Fed rate-cut talk dismissed.

The Dow Jones reached a record high of 50,579.70 while the S&P 500 logged its eighth consecutive weekly gain despite consumer sentiment hitting a record low. Brent crude oil remains above $103 per barrel due to supply risks around the Strait of Hormu...

Market News
Bullish
1 hour ago
BioLineRx to report Q1 2026 results with expected loss but strong financial health

BioLineRx to report Q1 2026 results with expected loss but strong financial health

BioLineRx, a clinical-stage biopharmaceutical company, will release its Q1 2026 financial results on May 27, 2026. Analysts expect an earnings loss of $1.04 per share and revenue of $343,000, reflecting ongoing development costs typical for its growt...

Company Fundamentals
Neutral
1 hour ago
Google Cloud Security trains 150+ pros on Agentic AI using Instruqt at Google Next 2026

Google Cloud Security trains 150+ pros on Agentic AI using Instruqt at Google Next 2026

Google Cloud Security used the Instruqt platform to train over 150 professionals on Agentic AI during the Google Next 2026 conference. Each participant worked in a dedicated Google Cloud Vertex AI environment to build and explore AI agents hands-on, ...

Others
Bullish
2 hours ago
Google Cloud trains 150+ practitioners on Agentic AI using Instruqt platform at Google Next 2026

Google Cloud trains 150+ practitioners on Agentic AI using Instruqt platform at Google Next 2026

At Google Next 2026, Google Cloud Security used the Instruqt platform to train over 150 practitioners on Agentic AI. Each participant received a dedicated Vertex AI environment to build their own AI agents hands-on, moving beyond slide-based demos. T...

Others
Bullish
2 hours ago
Google Cloud Security trains 150+ AI practitioners using Instruqt platform at Google Next 2026

Google Cloud Security trains 150+ AI practitioners using Instruqt platform at Google Next 2026

At Google Next 2026, Google Cloud Security used the Instruqt platform to train over 150 professionals in agentic AI capabilities. Each participant received a dedicated Google Cloud Vertex AI environment to build and explore AI agents hands-on, moving...

Market News
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App