Keros discontinues cibotercept development, prioritizes KER-065; CEO becomes President, COO departs

Keros Therapeutics, Inc.

Discontinuing all internal development of cibotercept (KER-012) after PAH trial termination.
Exclusively prioritizing KER-065 for Duchenne muscular dystrophy; Phase 2 expected Q1 2026.
CEO Jasbir Seehra adds President role effective Aug 18, 2025; steps down as Board Chair.
Jean-Jacques Bienaimé appointed Chair of the Board, effective Aug 18, 2025.
COO Christopher Rovaldi to depart Aug 18; Lorena Lerner promoted to CSO; SVP roles eliminated.

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