Kymera Therapeutics(KYMR)
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Kymera Therapeutics (KYMR) Moves 7.8% Higher: Will This Strength Last?
ZACKS· 2025-01-15 15:41
Kymera Therapeutics, Inc. (KYMR) shares rallied 7.8% in the last trading session to close at $40.12. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.6% loss over the past four weeks.Shares gained as investors were impressed by the pipeline updates provided by the company at the J.P. Morgan Annual Healthcare Conference. Kymera has a sound cash position and ended 2024 with an estimated cash of $850 million, ...
Kymera Therapeutics(KYMR) - 2024 Q4 - Annual Results
2025-02-27 12:13
Exhibit 99.2 January 2025 J.P. Morgan Healthcare Conference Nello Mainolfi, Ph.D., Founder, President and CEO ,KYMERA This presentation contains forward-looking statements within the meanine of the Private Securities Litiation Reform Act of 1995 and other federal securities laws. These statements include, but are not limited to, inplied and express statements about our stratesy, business plans and digictives for the inclinerines for the preclinical and cl regarding timing, success and data announcements of ...
Kymera Therapeutics Outlines Key 2025 Objectives and Strategy to Advance Industry Leading Portfolio of Oral Immunology Programs
Globenewswire· 2025-01-14 12:00
KT-621 (STAT6) Phase 1 healthy volunteer trial ongoing, with data expected in 2Q25 Kymera plans to initiate a KT-621 Phase 1b trial in atopic dermatitis (AD) patients in 2Q25 with data in 4Q25 and plans to initiate parallel Phase 2b trials in AD and asthma in late 2025 and early 2026, respectively KT-295 (TYK2) to advance into Phase 1 testing in 2Q25 with data expected in late 2025 KT-474/SAR444656 (IRAK4) Phase 2b dose-ranging studies in hidradenitis suppurativa (HS) and AD ongoing, with completion expect ...
Kymera Therapeutics to Present at the 43rd Annual J.P. Morgan Healthcare Conference on January 14
Globenewswire· 2025-01-07 12:00
Core Insights - Kymera Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing oral small molecule degrader medicines for immunological diseases [1][3] - The company will present at the 43rd Annual J.P. Morgan Healthcare Conference on January 14, 2025, where CEO Nello Mainolfi will discuss the company's progress and milestones for 2025 [1] Company Overview - Kymera is pioneering targeted protein degradation (TPD) to create therapies for health issues that conventional treatments cannot effectively address [3] - The company has advanced its first degrader into clinical trials for immunological diseases and aims to build a leading pipeline of oral small molecule degraders [3] - Founded in 2016, Kymera has been recognized as one of Boston's top workplaces in recent years [3] Presentation Details - A live webcast of the presentation and Q&A session will be available on the company's website, with a replay archived after the event [2]
Kymera Q3 Loss Narrower Than Expected, Pipeline in Focus
ZACKS· 2024-11-01 15:20
Kymera Therapeutics, Inc. (KYMR) reported a loss of 82 cents per share in the third quarter of 2024, narrower than the Zacks Consensus Estimate of a loss of 83 cents. In the year-ago quarter, Kymera reported a loss of 90 cents per share.Collaboration revenues totaled $3.7 million, which missed the Zacks Consensus Estimate of $9 million. The reported figure increased 20.8% from the year-ago level.Collaboration revenues in the third quarter were mostly earned due to the company’s association with bigwig Sanof ...
Kymera Therapeutics, Inc. (KYMR) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-10-31 13:40
Core Viewpoint - Kymera Therapeutics reported a quarterly loss of $0.82 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.83, and an improvement from a loss of $0.90 per share a year ago [1][2] Financial Performance - The company posted revenues of $3.74 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 58.27%, compared to $4.73 million in revenues a year ago [2] - Over the last four quarters, Kymera Therapeutics has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - Kymera Therapeutics shares have increased approximately 87.2% since the beginning of the year, outperforming the S&P 500's gain of 21.9% [3] Future Outlook - The current consensus EPS estimate for the coming quarter is -$0.78 on revenues of $13.41 million, and for the current fiscal year, it is -$2.85 on revenues of $58.33 million [7] - The estimate revisions trend for Kymera Therapeutics is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Kymera Therapeutics belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
Kymera Therapeutics(KYMR) - 2024 Q3 - Quarterly Report
2024-10-31 11:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission File Number: 001-39460 KYMERA THERAPEUTICS, INC. (Exact Name of Registrant as Specified in its Charter ...
Kymera's IND Application for STAT6 Degrader Gets FDA Clearance
ZACKS· 2024-10-10 14:33
Core Insights - Kymera Therapeutics has received FDA clearance for its investigational New Drug application for KT-621, a first-in-class oral STAT6 degrader aimed at treating multiple allergic and atopic diseases [1][3] - The company plans to initiate a phase I study for KT-621 in healthy volunteers later this month, with data expected in the first half of 2025 [2] Company Pipeline Progress - Kymera recently raised $225 million through a public offering to advance its pipeline of degrader programs [5] - The company is also progressing with KT-474, a first-in-class IRAK4 degrader, with plans for pivotal studies following positive preliminary safety and efficacy data [6][7] - Ongoing phase I studies for KT-253 and KT-333 are showing promising antitumor responses, with enrollment expected to complete in the second half of 2024 [9][10] Competitive Landscape - Sanofi and Regeneron's Dupixent, an injectable monoclonal antibody, is an established therapy for allergic and atopic diseases, validating the STAT6 targeting approach [4]
Kymera Therapeutics Announces FDA Clearance of Investigational New Drug Application for KT-621, a First-in-Class, Oral STAT6 Degrader
GlobeNewswire News Room· 2024-10-09 11:00
KT-621 has demonstrated dupilumab-like activity and was well tolerated in a wide variety of preclinical models of TH2 diseases KT-621 is expected to start Phase 1 in October, with Phase 1 data in the first half of 2025 WATERTOWN, Mass., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of small molecule medicines using targeted protein degradation (TPD), today announced the clearance of its Investigational New Drug (I ...
Kymera Therapeutics Presents Preclinical Data for KT-621, a Potent, Selective, First-In-Class, Oral STAT6 Degrader at the EADV Congress
GlobeNewswire News Room· 2024-09-25 11:00
KT-621 has the potential to provide dupilumab-like activity with an oral small molecule profile for TH2 driven allergic and atopic disease KT-621 demonstrated strong degradation of STAT6 in human sensory neurons resulting in inhibition of IL-13- induced itch- and pain-related gene transcripts with the potential to alleviate these symptoms in atopic dermatitis patients KT-621 expected to start Phase 1 in the second half of 2024, with Phase 1 data in the first half of 2025 WATERTOWN, Mass., Sept. 25, 2024 (GL ...