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0 0 0.000999200639488494 0.00259792166266992 0.0109912070343726 0.00259792166266992 0.00439648281374912 0.00719424460431668
Stock impact report

Bayer Acquires Rights for Cardiovascular Drug From CYTK in Japan [Yahoo! Finance]

Cytokinetics, Incorporated (CYTK) 
Last cytokinetics, incorporated earnings: 3/3 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cytokinetics.com/investor-overview
Company Research Source: Yahoo! Finance
Aficamten, a cardiac myosin inhibitor, is being evaluated for the treatment of patients with obstructive and non-obstructive hypertrophic cardiomyopathy (HCM). Year to date, shares of Bayer have lost 41.9% against the industry's growth of 3.1%. Image Source: Zacks Investment Research Bayer entered into a collaboration and license agreement with Cytokinetics for the exclusive development and commercialization of aficamten in Japan. As per the joint development plan, Bayer plans to conduct a phase III study in Japanese patients with obstructive HCM. On the other hand, Cytokinetics will expand ACACIA-HCM, the ongoing global late-stage study of aficamten in patients with non-obstructive HCM, into Japan. This study is intended to support the potential marketing authorization of aficamten in Japan for Bayer. CYTK will also expand CEDAR-HCM, its ongoing study for pediatric patients with obstructive HCM. Please note that aficamten was granted Breakthrough Therapy designations by th Show less Read more
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