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Viking stock rises as Pfizer ups deal prospects (VKTX:NASDAQ)

Pfizer Makes $1.95 Billion Deal With U.S. For Future COVID-19 Vaccine

Jeenah Moon/Getty Images News

Viking Therapeutics (NASDAQ:VKTX) and other developers of oral weight loss drugs traded sharply higher on Tuesday after Pfizer (NYSE:PFE) CEO Albert Bourla indicated plans to seek deals to add cardiometabolic drugs, including obesity therapies, to replenish the company’s pipeline.

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