Recently Listed Cancer Firm OnKure's Innovative Approach to Breast Cancer Treatment Sparks Analyst Enthusiasm [Yahoo! Finance]
OnKure Therapeutics, Inc. - Class A (OKUR)
Company Research
Source: Yahoo! Finance
completed its merger with Reneo Pharmaceuticals Inc . The combined company started trading on Monday. Concurrent with the closing of the merger, the company completed a $65 million private placement with a group of new and existing investors. Following the transactions, OnKure is expected to have a cash runway through multiple clinical readouts and into Q4-2026 The analyst initiated coverage with an Outperform rating with a price target of $35 and notes that OKI-219 can become the go-to option for one of the most frequent mutations in breast cancer. “We believe Onkure can address key limitations of currently approved targeted agents by reducing off-target toxicity with greater selectivity,” the analyst writes. The analyst's investment thesis on OnKure revolves around PI3Ka inhibition demonstrated by alpelisib, though its efficacy is limited by toxicity concerns OKI-219 promise as a third-generation PI3Ka inhibitor. Alpelisib is generic name for Novartis AG's (NYSE: NVS ) P
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High impacting OnKure Therapeutics, Inc. - Class A news events
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OKUR
News
- OnKure Therapeutics (NASDAQ: OKUR) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $40.00 price target on the stock.MarketBeat
- OnKure to Present at the Stifel 2024 Healthcare ConferenceGlobeNewswire
- OnKure to Present Clinical and Preclinical Data for OKI-219 at the 2024 San Antonio Breast Cancer Symposium [Yahoo! Finance]Yahoo! Finance
- OnKure to Present Clinical and Preclinical Data for OKI-219 at the 2024 San Antonio Breast Cancer SymposiumGlobeNewswire
- OnKure: Looking To Alter PI3K Inhibitor Targeting In Breast Cancer And Beyond [Seeking Alpha]Seeking Alpha
OKUR
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/7/24 - Form 424B3
- OKUR's page on the SEC website