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0 0 0.000659050966608109 0.00131810193321622 0.00801845342706507 0.00768892794376101 0.00746924428822487 -0.00571177504393669
Stock impact report

Kymera Q3 Loss Narrower Than Expected, Pipeline in Focus [Yahoo! Finance]

Kymera Therapeutics, Inc. (KYMR) 
Company Research Source: Yahoo! Finance
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 Sanofi SNY. Shares of KYMR have surged 81.3% year to date against the industry's decline of 3.6%. Image Source: Zacks Investment Research Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Research and development expenses amounted to $60.4 million, up 25.5% year over year. This increase was primarily due to increased expenses related to the investment in the company's STAT6 degrader program, platform and discovery programs, as well as an increase in occupancy and related costs due to continued growth in the research and development organization. General and administrative expenses totaled $15.5 million, up 9.4% Show less Read more
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