Cytokinetics(CYTK)
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Cytokinetics, Incorporated Under Investigation for Misleading Investors
Financial Modeling Prep· 2025-11-18 00:00
Core Insights - Cytokinetics is under investigation for potentially misleading investors regarding the regulatory timeline for their drug aficamten, particularly concerning the absence of a Risk Evaluation and Mitigation Strategy (REMS) in their New Drug Application (NDA) [1][2] Company Developments - During a May 6, 2025 earnings call, Cytokinetics disclosed multiple pre-NDA meetings with the FDA but submitted the NDA without a REMS, which misled investors and inflated stock prices [2] - On November 11, 2025, Kaye Edward M. MD, a director at Cytokinetics, sold 5,175 shares at $65.08 each, retaining 9,977 shares [3] - The stock price has fluctuated between $65.33 and $67.98, with a current price of $67.06, reflecting a slight increase of 0.93% or $0.62 [3][4] Market Performance - Cytokinetics has a market capitalization of approximately $7.98 billion, with a trading volume of 813,094 shares [4] - The stock's lowest price in the past year was $29.31, indicating significant volatility [4]
CYTK LAWSUIT ALERT: Levi & Korsinsky Notifies Cytokinetics, Incorporated Investors - Lead Plaintiff Deadline November 17, 2025
Newsfile· 2025-11-17 20:59
New York, New York--(Newsfile Corp. - November 17, 2025) - If you suffered a loss on your Cytokinetics, Incorporated (NASDAQ: CYTK) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/cytokinetics-incorporated-lawsuit-submission-form-2?prid=177791&wire=5&utm_campaign=7or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced sharehol ...
CYTK DEADLINE: ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Cytokinetics, Inc. Investors to Secure Counsel Before Important November 17 Deadline in Securities Class Action - CYTK
Newsfile· 2025-11-17 18:44
CYTK DEADLINE: ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Cytokinetics, Inc. Investors to Secure Counsel Before Important November 17 Deadline in Securities Class Action - CYTKNovember 17, 2025 1:44 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 17, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Cytokinetics, Inc. (NASDAQ: CYTK) between December 27, 2023 and May 6, 2025, both dates inclusive (th ...
CYTK FINAL DEADLINE: Faruqi & Faruqi, LLP Announces that Cytokinetics Investors Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-11-17 16:14
Share Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Cytokinetics To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Cytokinetics between December 27, 2023 and May 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK--(BUSINESS WIRE)--Faruqi & Fa ...
Cytokinetics (NasdaqGS:CYTK) 2025 Conference Transcript
2025-11-17 15:32
Cytokinetics Conference Call Summary Company Overview - **Company**: Cytokinetics (NasdaqGS:CYTK) - **Focus**: Translating muscle biology into new pharmacology, particularly in specialty cardiology - **Pipeline**: Led by myosin modulators, with aficamten as the cornerstone, pending regulatory review for obstructive hypertrophic cardiomyopathy (OHCM) [1][2] Key Points Regulatory and Commercialization Plans - **PDUFA Date**: Aficamten has a PDUFA date set for December 26, 2025, with potential approvals in China expected in Q4 2025 and EMA approval anticipated early next year [1][2] - **Market Strategy**: Aficamten could be commercialized across three continents for OHCM, with plans for a supplemental NDA for non-obstructive hypertrophic cardiomyopathy (NHCM) by the end of 2026 [2][3] Clinical Data and Efficacy - **Clinical Trials**: The Sequoia study showed significant effects on clinical endpoints in OHCM patients, while the Maple study demonstrated aficamten's superiority over standard care [4][5] - **Market Potential**: The NHCM market is growing rapidly, and if the Acacia study yields positive results, Cytokinetics believes it could dominate this market [5][6] Financial Position - **Capital Structure**: Cytokinetics expects to end the year with over $1 billion, closer to $1.2 billion, providing a strong cash runway to support business ambitions [6] Differentiation and Market Adoption - **Differentiated Profile**: Aficamten is expected to have a differentiated risk mitigation profile, with advantages in dosing flexibility and reduced treatment interruptions compared to existing therapies [8][10] - **Current Prescribing Landscape**: Approximately 10,000 cardiologists treat HCM, with less than 20% currently using cardiac myosin inhibitors (CMIs) [11][12] - **Barriers to Adoption**: Administrative burdens associated with risk management programs (REMS) are seen as a key impediment to wider adoption of CMIs [11][12] Launch Expectations - **Launch Trajectory**: The launch is expected to be gradual, similar to previous products, with potential acceleration if Acacia data is positive [13][15] - **Metrics for Success**: Key metrics will include the number of prescribing physicians, new prescribers, and patients on therapy, with a focus on converting free drug patients to paid prescriptions [19][20] Market Dynamics - **Impact of Maple Study**: The Maple study is anticipated to influence prescribing behaviors and potentially expand the CMI market, with expectations for increased patient adds in 2026 and beyond [31][32] - **Guideline Recommendations**: The Maple data may lead to updated treatment guidelines, potentially elevating aficamten's position in treatment protocols [24][26] Strategic Positioning - **Value Creation**: Cytokinetics is focused on executing its strategy to build shareholder value, with a strong pipeline and competitive positioning in the market [43][44] - **Increased Urgency in Biotech**: There is a noted increase in urgency and competition for valuable assets in the biotech space, which may benefit Cytokinetics in potential partnerships or acquisitions [44][45] Conclusion Cytokinetics is poised for significant developments in the specialty cardiology market with aficamten, supported by strong clinical data and a solid financial position. The company is navigating regulatory pathways and preparing for a strategic launch while addressing barriers to adoption and aiming for a differentiated market presence.
Portnoy Law Firm Announces Class Action on Behalf of Cytokinetics, Incorporated Investors
Globenewswire· 2025-11-17 15:21
LOS ANGELES, Nov. 17, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cytokinetics, Incorporated, (“Cytokinetics” or the "Company") (NASDAQ: CYTK) investors of a class action on behalf of investors that bought securities between December 27, 2023 and May 6, 2025, inclusive (the “Class Period”). Cytokinetics investors have until November 17, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to dis ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Cytokinetics, Incorporated (CYTK) Shareholders
Prnewswire· 2025-11-17 13:45
Accessibility StatementSkip Navigation WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statemen ...
Cytokinetics Supports American Heart Association Initiative to Improve Care for People Living With Hypertrophic Cardiomyopathy
Globenewswire· 2025-11-17 13:10
Core Insights - Cytokinetics, Inc. supports a three-year initiative by the American Heart Association to improve care for hypertrophic cardiomyopathy (HCM), addressing disparities in access, diagnosis, and treatment [1][2][3] - HCM affects approximately one in 500 people in the U.S., with many remaining undiagnosed or untreated until severe symptoms arise, leading to fragmented care systems [2][3] - The initiative aims to identify systemic barriers and enhance the identification, assessment, referral, and treatment processes for HCM patients [2][3] Company Commitment - Cytokinetics emphasizes its dedication to the HCM community, aligning its support with its patient-centric culture and scientific focus [2][3] - The company has been actively involved in HCM research and advocacy, collaborating with various stakeholders to improve disease awareness and care pathways [3][5] Initiative Goals - The initiative will increase participation in a national HCM Registry, broaden certification opportunities for healthcare providers, introduce patient support services, and pilot an HCM detection algorithm to reduce underdiagnosis [6]
CYTK DEADLINE: ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Cytokinetics, Inc. Investors to Secure Counsel Before Important November 17 Deadline in Securities Class Action - CYTK
Newsfile· 2025-11-16 15:35
Core Viewpoint - Rosen Law Firm is encouraging investors of Cytokinetics, Inc. to secure legal counsel before the November 17, 2025 deadline related to a securities class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased Cytokinetics common stock between December 27, 2023, and May 6, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 17, 2025 [3]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - The Rosen Law Firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Case Background - The lawsuit alleges that Cytokinetics made false or misleading statements regarding the timeline for the New Drug Application (NDA) submission and approval process for aficamten, specifically regarding expected FDA approval in the second half of 2025 [5]. - The company failed to disclose material risks related to the submission of a Risk Evaluation and Mitigation Strategy (REMS), which could delay the regulatory process, leading to investor damages when the true details became public [5].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cytokinetics
Newsfile· 2025-11-16 13:28
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Cytokinetics, Incorporated due to misleading statements regarding the New Drug Application (NDA) for aficamten, which may have led to significant investor losses [2][5][7]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Cytokinetics between December 27, 2023, and May 6, 2025, to discuss their legal rights [1][2]. - There is a deadline of November 17, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Cytokinetics [2]. Group 2: Misleading Statements - The complaint alleges that Cytokinetics made materially false and misleading statements about the NDA submission timeline and approval process for aficamten, expecting FDA approval in the second half of 2025 [5]. - The company failed to disclose risks related to not submitting a Risk Evaluation and Mitigation Strategy (REMS), which could delay the regulatory process [5][6]. Group 3: Impact on Investors - Following the revelation of the misleading statements, class members purchased Cytokinetics' common stock at inflated prices and subsequently suffered significant losses [7]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members [8].