Viking Therapeutics announced plans to raise $200 million through common stock and $200 million via convertible senior notes due 2032, with options for additional sales. The funds will support clinical development and commercialization of its obesity and metabolic disease drug programs, including VK2735 and VK3019. The offerings are independent of each other and managed by Morgan Stanley and J.P. Morgan. Proceeds will advance Viking's pipeline and general corporate purposes.
Viking Therapeutics announced plans to raise $400 million through common stock and convertible senior notes. For readers following the health sector, here is Pluang's market snapshot as of Sep 24, 2026 03:02 WIB: out of 100 priced US health stocks, 37 rose and 63 fell today. Notable movers include DNA (Ginkgo Bioworks Holdings Inc) down 8.54% at USD 8.57 with 70% sell order activity, BNGO (BioNano Genomics Inc) up 7.51% at USD 1.86 with 93% sell order activity, and SANA (Sana Biotechnology Inc) down 7.21% at USD 3.09 with 93% buy order activity.
Disc Medicine announced a webcast on October 19, 2026, to discuss topline results from its APOLLO Phase 3 trial of bitopertin, an investigational oral drug for erythropoietic protoporphyria (EPP). Bitopertin targets glycine transporter 1 to modulate ...
Tech analyst James Altucher draws a parallel between the 1865 coal consumption surge and AI's increasing power needs, despite efficiency gains. He highlights Elon Musk's unique strategy of vertical integration, including plans to build AI data center...
BitTorrent has completed its inaugural burn of BTT tokens, using 100% of decentralized service revenue to repurchase and permanently remove over 21.6 trillion tokens from circulation. This marks a key step in BitTorrent's long-term strategy to create...
NEAR token fell about 17% over the week, trading near $4.895 with a low of $4.527, staying above the critical $4.30 support level. Analyst Giannis Andreou highlights $4.30 as a key pivot point in 2024, with potential for NEAR to rebound toward $6 and...
Crude oil prices remained near recent highs as Ukraine launched drone strikes on an oil terminal in St. Petersburg, Russia, causing fires and uncertainty about damage. The terminal exports about 120,000 barrels per day of refined products. Meanwhile,...
