earnings
confidence high
sentiment neutral
materiality 0.60
Kura Oncology Q3 net loss $54.4M; cash $455.3M; ziftomenib data expected early 2025
Kura Oncology, Inc.
2024-Q3 EPS reported
-$1.80
- Net loss $54.4M in Q3 2024 vs $38.6M in Q3 2023; R&D expenses $41.7M.
- Cash, cash equivalents and investments $455.3M as of Sep 30, 2024; runway into 2027.
- Topline results from registration-directed ziftomenib trial in R/R NPM1-mutant AML expected early 2025.
- Phase 1b expansion study of ziftomenib enrolling at 600 mg; 45 patients enrolled since Aug 2024.
- First patient dosed in KO-2806 + adagrasib in KRAS G12C NSCLC; GIST proof-of-concept study planned 1H 2025.