Cytokinetics(US:CYTK) Globenewswireยท2025-10-23 00:48Core Viewpoint - Cytokinetics, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding the timeline for the New Drug Application (NDA) submission and approval process for its drug aficamten [2][3]. Group 1: Company Overview - Cytokinetics is a biopharmaceutical company focused on discovering, developing, and commercializing first-in-class muscle activators and next-in-class muscle inhibitors for treating diseases that compromise muscle performance [1]. Group 2: Legal Allegations - The class action was filed on behalf of shareholders who purchased Cytokinetics securities between December 27, 2023, and May 6, 2025, claiming that the company misled them about the NDA submission timeline for aficamten [2]. - The complaint states that during the class period, Cytokinetics made materially false statements regarding the expected FDA approval for aficamten, which was anticipated in the second half of 2025, and failed to disclose risks related to the submission of a Risk Evaluation and Mitigation Strategy [3]. Group 3: Next Steps for Shareholders - Shareholders interested in participating in the class action must submit their papers by November 17, 2025, to serve as lead plaintiff, representing other class members in the litigation [4].