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Viking Therapeutics Announces Public Offering of Stock

Palo Alto - Paul Hastings LLP, a leading global law firm, announced today that it represented Viking Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, in its $63.25 million underwritten public offering of common stock. Viking announced that it intends to use the net proceeds from the financing for continued development of its VK5211, VK2809 and VK0214 programs and for general research and development, working capital and general corporate purposes.

Palo Alto corporate partners Jeff Hartlin and Samantha Eldredge led the Paul Hastings team, which also included associate Ed Chu.

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Viking Therapeutics focuses on therapies for metabolic and endocrine disorders.

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