Viking Therapeutics Inc. saw its stock rise 8% after securing a manufacturing contract, removing a key overhang on the company’s stock. The San Diego-based biotech firm makes a promising weight-loss pill and has found a partner to produce it, significantly boosting its financial prospects.
Source: https://www.marketwatch.com/story/viking-therapeutics-new-contract-is-a-game-changer-heres-how-much-money-it-could-bring-in-abfe206a