other material
confidence high
sentiment positive
materiality 0.60
Kymera reports ~$560M cash, 2023 pipeline goals including KT-474 Phase 2 start with Sanofi
Kymera Therapeutics, Inc.
- Preliminary cash, cash equivalents and investments of ~$560M as of Dec 31, 2022, runway into H2 2025.
- KT-474 (IRAK4 degrader) Phase 2 trials in HS and AD to initiate in 2023 in collaboration with Sanofi.
- KT-333 (STAT3) Phase 1 dose escalation ongoing; 66% mean STAT3 degradation in PBMC at first dose level.
- KT-413 (IRAKIMiD) Phase 1 completed two dose levels; dose-dependent degradation of IRAK4, Ikaros, Aiolos; no DLTs.
- KT-253 (MDM2) IND cleared; Phase 1a to start Q1 2023 in solid tumors and hematological malignancies.