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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Adria Cimino, The Motley FoolMon, October 13, 2025 at 4:15 PM GMT+2 5 min readViking Therapeutics is nearing the finish line with a candidate for weight loss -- to potentially enter a drug market that’s approaching $100 billion.This biotech has candidates in phase 2 and phase 3 trials, and data so far are promising.10 stocks we like better than Viking Therapeutics ›Viking Therapeutics (NASDAQ: VKTX) soared to the forefront almost two years ago when it announced data on an investigational drug to serve an area of high need: weight loss. The biotech's candidate met the goals of its phase 2 trial, bringing it a step closer to entering this market that analysts say may approach $100 billion by the end of this decade.Viking's stock surged more than 100% in one trading session after announcing its clinical trial progress and as investors speculated that it would be the next to challenge weight loss market leaders Novo Nordisk and Eli Lilly -- or be acquired by a company eager to get into this lucrative space.Since, though, the stock progressively has lost those gains, and over the past year, it's declined 44%. Meanwhile, Viking's weight loss program -- the injectable I mentioned above and an oral version -- continues to deliver promising results, keeping the company on track to commercialization. Does this make Viking a buy on the dip? Let's find out.Image source: Getty Images.Viking's candidates are part of classes of drugs that have everyone talking these days -- GLP-1 agonists and dual GIP/GLP-1 receptor agonists. These drugs interact with hormonal pathways involved in the control of appetite and the management of blood sugar levels.Today's commercialized products, from Novo Nordisk's semaglutide to Lilly's tirzepatide, originally were developed for type 2 diabetes but since have shown themselves to excel -- in clinical trials and then in the real world -- as a weight loss treatment too. So, these current drugs are approved under one name for type 2 diabetes and another name for weight management -- in the case of Lilly, these are Mounjaro and Zepbound, respectively.Viking is developing VK2735, its dual GIP/GLP-1 receptor agonist, in injectable form -- like current marketed weight treatments -- and it's also working on an oral version. The former is involved in a phase 3 trial right now and the latter is in phase 2.It's difficult to directly compare VK2735's performance to today's commercialized products since trial parameters and the real-world context don't offer us an "apples to apples" sort of view. But the candidate's performance so far has been promising: In the phase 2 study, participants achieved average weight loss of as much as 14.7% after 13 weeks of dosing. And in the phase 2 dosing trial of the oral candidate, weight loss averaged up to 12.2% after 13 weeks.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,644.31 -10.41 (-0.16%)Dow 3046,270.46 +202.88 (+0.44%)Nasdaq22,521.70 -172.91 (-0.76%)Russell 20002,495.50 +34.08 (+1.38%)VIX20.81 +1.78 (+9.35%)Gold4,173.50 +10.10 (+0.24%)PortfolioSign in to access your portfolioSign inTop gainersCRML Critical Metals Corp. 29.97 +6.69 (+28.74%)NVTS Navitas Semiconductor Corporation 12.57 +2.60 (+26.08%)ERIC Telefonaktiebolaget LM Ericsson (publ) 9.85 +1.68 (+20.56%)LAC Lithium Americas Corp. 10.05 +1.62 (+19.22%)OUST Ouster, Inc. 36.16 +5.09 (+16.38%)Top losersALAB Astera Labs, Inc. 161.55 -37.98 (-19.03%)CRDO Credo Technology Group Holding Ltd 129.75 -20.15 (-13.44%)DGNX Diginex Limited 23.30 -2.40 (-9.34%)VIST Vista Energy, S.A.B. de C.V. 35.18 -2.97 (-7.79%)INOD Innodata Inc. 75.83 -5.85 (-7.16%)Most activeBITF Bitfarms Ltd. 5.89 +0.50 (+9.28%)PLUG Plug Power Inc. 4.0500 +0.1500 (+3.85%)NVDA NVIDIA Corporation 180.03 -8.29 (-4.40%)BBAI BigBear.ai Holdings, Inc. 8.91 +0.10 (+1.14%)NVTS Navitas Semiconductor Corporation 12.57 +2.60 (+26.08%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 113,224.33 -2,478.23 (-2.14%)WMT Walmart Inc. 107.21 +5.09 (+4.98%)NVA Nova Minerals Limited 71.84 +37.68 (+110.30%)ALAB Astera Labs, Inc. 161.55 -37.98 (-19.03%)TMQ Trilogy Metals Inc. 10.60 +4.04 (+61.59%)Top economic events