Summary
Why Is Cytokinetics (CYTK) Up 10.4% Since Last Earnings Report?
Cytokinetics (CYTK) reported earnings 30 days ago. What's next for the stock?
Cytokinetics: A Heavily Mispriced Cardiovascular Platform
Cytokinetics is positioned as a precision cardiac mechanics platform leader, with aficamten as the first proof-of-concept and multiple pipeline assets. Aficamten's differentiated REMS, rapid titration, and superior safety could disrupt the cardiac myosin inhibitor market, expanding prescriber adoption and accelerating patient switching from competitors. CYTK's robust cash position, efficient commercial model, and underappreciated pipeline support a sum-of-the-parts valuation of $90–$158 per share, far above current levels.
Cytokinetics Gains 11.4% in a Week: Is There More Room for Growth?
Cytokinetics' shares surge to a 52-week high as investor optimism grows over FDA approval prospects for aficamten.
Cytokinetics, Incorporated (CYTK) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
When is the next earnings date?
Has Cytokinetics, Incorporated ever had a stock split?
Cytokinetics, Incorporated Profile
| Biotechnology Industry | Healthcare Sector | Robert I. Blum CEO | NASDAQ (NGS) Exchange | 23282W605 CUSIP |
| US Country | 498 Employees | - Last Dividend | 25 Jun 2013 Last Split | 29 Apr 2004 IPO Date |
Overview
Cytokinetics, Incorporated is a distinguished late-stage biopharmaceutical organization deeply engaged in the meticulous discovery, development, and upcoming commercialization of novel muscle activators and inhibitors as potent therapeutic interventions for severe and debilitating diseases. With its foundation year pegged at 1997 and nestled in the bustling hub of South San Francisco, California, this entity dedicates itself to forging advancements in medical science, particularly within the realm of muscle function and contractility. This endeavor is marked by the synthesis of small molecule drug candidates, meticulously engineered to modify muscle dynamics. In alliance with Ji Xing Pharmaceuticals Limited, Cytokinetics is at the forefront of crafting solutions aimed at addressing the pressing needs within the healthcare landscape.
Products and Services
- Omecamtiv Mecarbil
- CK-136
- CK-586
- Aficamten
A cutting-edge and novel cardiac myosin activator, Omecamtiv Mecarbil stands as a prototype in Phase III clinical trial, primarily focusing on patients plagued with heart failure. This drug candidate embodies Cytokinetics' commitment to innovation in cardiac care, aiming to enhance the contractile function of the heart muscle, thereby potentially offering a new lease of life to those suffering from this debilitating condition.
Currently undergoing scrutiny in Phase I clinical trial, CK-136 emerges as a novel cardiac troponin activator. This investigative entity is crafted to fine-tune the heart's muscle contraction process, indicating a groundbreaking approach towards ameliorating cardiac function. By activating cardiac troponin, CK-136 opens up new vistas in the treatment paradigms of heart diseases, heralding a promising venture into improving heart health.
CK-586 represents a pioneering small molecule cardiac myosin inhibitor, orchestrating its journey through Phase I clinical trials. This therapeutic candidate is conceived to temper down the contractile force of the heart's muscles, offering a novel pathway for managing conditions characterized by excessive cardiac contractility. Its development aligns with Cytokinetics’ broader vision of introducing therapies that can meticulously modulate heart muscle function for the better.
Embarking on its Phase III clinical trial, Aficamten is unveiled as a groundbreaking cardiac myosin inhibitor geared towards treating patients grappling with symptomatic obstructive hypertrophic cardiomyopathy. This therapeutic avenue exemplifies a strategic bid to counteract the challenges posed by this heart condition, utilizing a mechanism aimed at reducing myocardial contractility, hence alleviating the symptoms and improving life quality for affected individuals.
Contact Information
