Better Biotech Stock to Buy With $1,500 Right Now: Viking Therapeutics vs. Summit Therapeutics

Viking Therapeutics (NASDAQ: VKTX) and Summit Therapeutics (NASDAQ: SMMT) are both up-and-coming biotechs with no sales revenue, plenty of cash in the bank, big catalysts on the horizon, and pipeline strategies that could place them in major markets relatively soon.That makes them more appealing than most biotech companies out there. It also makes deciding which one is worth an investment of around $1,500 a bit complicated. Let's shed some light on this issue by analyzing both stocks and seeing which might go to higher heights over the long term.Viking is about to enter the home stretch in its bid to develop a therapy to treat obesity. Its lead candidate, VK2735, will soon enter its phase 3 clinical trials to test its injectable formulation, and it'll also soon start phase 2 trials for its oral formulation. All the data the company has published so far suggests that its candidate is fairly powerful, as well as fairly tolerable for patients.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool