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Viking Therapeutics | 10-Q: Q3 2024 Earnings Report

Viking Therapeutics | 10-Q: Q3 2024 Earnings Report

Viking Therapeutics | 10-Q:2024財年三季報
美股SEC公告 ·  2024/10/24 05:05

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Viking Therapeutics reported a net loss of $24.9 million for Q3 2024, compared to a $22.5 million loss in Q3 2023. Research and development expenses increased 24% to $22.8 million, while general and administrative expenses rose 55% to $13.8 million. The company ended the quarter with cash, cash equivalents and investments of $930.4 million.The company made significant progress across its clinical programs, including positive Phase 2 VENTURE trial results for VK2735 in obesity and Phase 2b VOYAGE trial results for VK2809 in MASH/NASH. Based on FDA feedback, Viking plans to advance subcutaneous VK2735 into Phase 3 development. Additionally, the company reported positive results from its Phase 1b trial of VK0214 in X-ALD patients.Management strengthened the company's financial position through a successful public offering in March 2024, raising net proceeds of $597.1 million. The company believes its current cash position will fund operations through at least December 2025. Viking continues to advance its pipeline while maintaining a strong balance sheet to support ongoing clinical development programs.
Viking Therapeutics reported a net loss of $24.9 million for Q3 2024, compared to a $22.5 million loss in Q3 2023. Research and development expenses increased 24% to $22.8 million, while general and administrative expenses rose 55% to $13.8 million. The company ended the quarter with cash, cash equivalents and investments of $930.4 million.The company made significant progress across its clinical programs, including positive Phase 2 VENTURE trial results for VK2735 in obesity and Phase 2b VOYAGE trial results for VK2809 in MASH/NASH. Based on FDA feedback, Viking plans to advance subcutaneous VK2735 into Phase 3 development. Additionally, the company reported positive results from its Phase 1b trial of VK0214 in X-ALD patients.Management strengthened the company's financial position through a successful public offering in March 2024, raising net proceeds of $597.1 million. The company believes its current cash position will fund operations through at least December 2025. Viking continues to advance its pipeline while maintaining a strong balance sheet to support ongoing clinical development programs.
Viking Therapeutics在2024年第三季度報告淨虧損2490萬元,相比於2023年第三季度的2250萬元虧損。研發費用增加了24%,達到2280萬元,而一般及管理費用上升了55%,達到1380萬元。公司在本季度末的現金、現金等價物和投資總額爲93040萬元。公司在其臨牀項目中取得了重大進展,包括VK2735在肥胖症中的積極第二階段創業公司試驗結果和VK2809在MASH/NASH中的第二階段20億試驗結果。根據FDA的反饋,Viking計劃推進VK2735的皮下給藥進入第三階段開發。此外,公司還報告了VK0214在X-ALD患者中的第十億階段試驗的積極結果。管理層通過在2024年3月進行成功的公開募股,增強了公司的財務狀況,淨募資59710萬元。公司相信目前的現金狀況將支持運營直到至少2025年12月。Viking繼續推進其研發管線,同時保持強勁的資產負債表以支持持續的臨牀開發項目。
Viking Therapeutics在2024年第三季度報告淨虧損2490萬元,相比於2023年第三季度的2250萬元虧損。研發費用增加了24%,達到2280萬元,而一般及管理費用上升了55%,達到1380萬元。公司在本季度末的現金、現金等價物和投資總額爲93040萬元。公司在其臨牀項目中取得了重大進展,包括VK2735在肥胖症中的積極第二階段創業公司試驗結果和VK2809在MASH/NASH中的第二階段20億試驗結果。根據FDA的反饋,Viking計劃推進VK2735的皮下給藥進入第三階段開發。此外,公司還報告了VK0214在X-ALD患者中的第十億階段試驗的積極結果。管理層通過在2024年3月進行成功的公開募股,增強了公司的財務狀況,淨募資59710萬元。公司相信目前的現金狀況將支持運營直到至少2025年12月。Viking繼續推進其研發管線,同時保持強勁的資產負債表以支持持續的臨牀開發項目。
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