Overview
- Phase 2 topline data showed VK2735 produced up to 12.2% mean weight loss at 13 weeks versus 1.3% with placebo.
- Discontinuations reached about 28% overall and approximately 38% at the highest dose, with gastrointestinal issues the most common reason.
- Reported side effects included nausea in roughly 58% of participants and vomiting in about 25%–26%, exceeding placebo rates.
- Shares fell roughly 30%–45%, cutting market value to about $2.8 billion, as analysts questioned competitiveness against Eli Lilly and Novo Nordisk.
- Viking plans studies of lower starting doses, slower titration, and maintenance dosing, and it continues an injectable VK2735 program with results expected in 2027.