Voyager Therapeutics, Inc. (VYGR) Sets CEO Succession; Swartz Named President

Voyager Therapeutics (VYGR) named Robin Swartz, its current chief business and operating officer, as president effective October 20, 2026. Swartz is expected to succeed Alfred Sandrock Jr. as CEO in early 2027, pending safety data from a clinical trial. The transition plan was announced by the company.

Viking Therapeutics raised ~$547.8M in net proceeds from a $575M offering of common stock and convertible notes. The offering included 9,035,714 shares at $35.00 each and $258.75M in notes due 2032. Underwriters exercised options for additional shares and notes.

Viking Therapeutics priced a $500 million upsized offering of common shares and convertible senior notes due in 2032. The company's stock is currently trading at $41.65, up 1.96% in pre-market. This follows a previous announcement of plans for the offering.

Voyager Technologies' shares dropped 7.8% in after-hours trading after announcing a $350 million convertible senior notes offering. The company plans to use proceeds for capped call transactions, general corporate purposes, and expansion. Shares closed at $37.53, up 44% year-to-date.

Viking Therapeutics' shares rose 29.69% to $39.05 after reporting positive trial results for its obesity drug VK2735, showing significant weight loss retention on reduced dosing. The trial demonstrated 97% and 90% retention for every-other-week and monthly dosing, respectively, compared to 61% for placebo. The company is advancing both injectable and oral formulations of VK2735 through Phase 3 trials.

Viking Therapeutics' stock rose 26% after positive data on its weight-loss drug, VK2735, which maintained up to 97% of prior weight loss. Roche also released study results for its obesity drug, but its shares saw little movement. Viking is seen as a potential acquisition target. The data highlights the importance of weight maintenance in obesity treatments.