Cytokinetics Heart Drug's Future Sparks Optimism Despite M&A Hurdles and Royalty Deal Concerns: Analyst

Stifel initiated coverage on Cytokinetics Incorporated CYTK, noting the company’s catalyst rich one to two years.The M&A speculation ramped up in early 2024 after the company released SEQUOIA-HCM Phase 3 trial data of aficamten in December 2023. However, last year, Novartis AG NVS decided to step back from pursuing the Cytokinetics deal.Amgen Inc AMGN, AstraZeneca Plc AZN, and Johnson & Johnson JNJ also all popped up as potential suitors, though the stock faded from there as a deal never materialized.Also R ...