Picture of Cytokinetics, Incorporated logo

CYTK — Cytokinetics, Incorporated News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareAdventurousLarge CapMomentum Trap

Cytokinetics rises after heart disease drug shows promise in late-stage study

BUZZ-Cytokinetics rises after heart disease drug shows promise in late-stage study 

** Shares of drugmaker Cytokinetics CYTK.O rise 1.7% to $79.27 premarket

** CYTK says detailed late-stage data showed its drug, aficamten, significantly improved symptoms and exercise capacity in patients with a genetic heart condition that currently has no approved treatments

** The drug is already approved as Myqorzo for oHCM — the obstructive form of the condition called hypertrophic cardiomyopathy in which thickened heart muscles block ​blood flow

** Myqorzo competes with Bristol Myers Squibb's BMY.N Camzyos in the oHCM segment

** The company is seeking to expand its use to the non-obstructive form (nHCM), which causes heart muscle thickening without blocking blood flow

** As of last close, CYTK stock was up 22.6% YTD


(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com))

Recent news on Cytokinetics, Incorporated

See all news