Aug. 19 at 7:46 PM
$VKTX
Extending and diversifyiing the supply chain explains the advance and, frankly, it's too small an advance for the news. What this move implies:
1. BL has data to confirm and justify increasing the VK2735 supply.
2. Suppliers are confident that VK2735 will sell sufficient product to justify reserving the CMC to manufacture, fill, and finish resources
3. This suggests that VK2735 will sail through NDA review, possibly on an expedited schedule
4. Viking has found a partner to underwrite the additional expenses through building a commercial operation
5. Viking *may* have found a BO suitor, though I think that's premature. Could be but, unless it's an offer too good to refuse, I would expect BL to make a buyer sweat through the P3 readout to maximize the sale price
I remain a...
Long hold. Insasnely...
