earnings
confidence high
sentiment positive
materiality 0.75
Kura Oncology reports Q4 2022 net loss $33.1M; ziftomenib shows 30% CR rate in NPM1-mutant AML
Kura Oncology, Inc.
2022-FY EPS reported
-$2.03
- Net loss Q4 2022 $33.1M, full year $135.8M; cash $438M provides runway into Q4 2025.
- Ziftomenib Phase 1: 30% CR rate among 20 NPM1-mutant AML patients at 600 mg recommended Phase 2 dose.
- Registration-directed trial KOMET-001 dosed multiple patients; 85-patient enrollment target in US and Europe.
- FDA cleared IND for KO-2806, next-generation farnesyl transferase inhibitor; Phase 1 trial expected Q3 2023.
- Bristol Myers Squibb made $25M strategic equity investment at $18.25/share; appointed member to steering committee.