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Cytokinetics prices $760M public offering of 11.34M shares at $71/sh
Offering of 9,859,155 shares at $71.00 per share; underwriters' option for 1,478,873 shares exercised in full.
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Cytokinetics reports Q1 2026: MYQORZO net product rev $4.8M, net loss $206M; ACACIA-HCM meets endpoints
MYQORZO net product revenue $4.8M for ~9 weeks; total revenue $19.4M (incl $11.9M milestone from Bayer).
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Cytokinetics Q4 net loss $183M; MYQORZO launch underway; cash $1.22B; guides 2026 spend $830-870M
Net loss Q4 2025 $183M ($1.50/sh) vs $150M ($1.26) Q4 2024; full year loss $785M ($6.54) vs $589.5M ($5.26).
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Cytokinetics announces European Commission approval of MYQORZO (aficamten) for obstructive HCM
European Commission approved MYQORZO (aficamten) for symptomatic obstructive HCM in adults.
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Cytokinetics receives FDA approval for MYQORZO (aficamten) to treat symptomatic oHCM
FDA approved MYQORZO (aficamten) on Dec 19, 2025 for adults with symptomatic obstructive hypertrophic cardiomyopathy (oHCM).
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CHMP recommends EU approval of Cytokinetics' MYQORZO for obstructive HCM
CHMP adopted positive opinion recommending EU marketing authorization for MYQORZO (aficamten).
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Cytokinetics Q3 net loss $306M; aficamten PDUFA on track; raises $750M convertible notes
Q3 net loss $306.2M ($2.55/share) vs $160.5M loss in prior year; includes $121.2M debt conversion expense.
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Cytokinetics issues $750M 1.75% convertible notes; refinances $399.5M of 2027 notes
Issued $750M aggregate principal of 1.75% convertible senior notes due 2031; net proceeds ~$729.4M.
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Cytokinetics provides FDA/EMA update on aficamten; plans to draw $100M Royalty Pharma loan
FDA Late Cycle Meeting held; discussed REMS and label for aficamten in oHCM; PDUFA date remains Dec 26, 2025.
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Cytokinetics presents positive aficamten data at ESC 2025; PDUFA Dec 26, 2025
MAPLE-HCM: aficamten improved cardiac structure/function vs metoprolol (p<0.001 for diastolic function, SAM reduction); published in JACC.
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Cytokinetics presents new aficamten data at ESC 2025; shows improvement vs metoprolol
MAPLE-HCM: aficamten superior to metoprolol on diastolic function, SAM, and LVOT obstruction (p<0.001); reduced max wall thickness (-1.01mm, p=0.015).
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Aficamten superior to metoprolol in MAPLE-HCM Phase 3 trial; primary endpoint met (p<0.0001)
Least-squares mean pVO2 difference: +2.3 mL/kg/min (95% CI 1.5 to 3.1; p<0.0001) favoring aficamten.
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Cytokinetics Q2 net loss narrows to $134.4M; aficamten PDUFA set Dec 26, 2025
Net loss of $134.4M ($1.12/sh) vs $143.3M ($1.31/sh) in Q2 2024; revenue $66.8M from Bayer deal.
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Cytokinetics Q1 net loss $161.4M; aficamten PDUFA extended to Dec 26, 2025
Net loss $161.4M ($1.36/share) vs $135.6M ($1.33/share) in Q1 2024; revenue $1.6M.
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Cytokinetics: FDA won't hold adcom for aficamten NDA; Late Cycle meeting set for June 2025
Cytokinetics completed midcycle review with FDA for aficamten NDA treating obstructive hypertrophic cardiomyopathy.
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Cytokinetics Q4 net loss $150M, cash $1.2B; aficamten PDUFA date Sept 26, 2025
Net loss Q4 2024 was $150.0M ($1.26/sh) vs $136.9M ($1.38/sh) in Q4 2023; FY net loss $589.5M.
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Cytokinetics licenses aficamten Japan rights to Bayer for €50M upfront, up to €580M milestones
Upfront payment of €50 million from Bayer; additional clinical/commercial launch milestones up to €90 million.
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Cytokinetics Q2 net loss widens to $1.31/share; cash rises to $1.4B on $563M offering and $250M Royalty Pharma deal
Net loss of $143.3M ($1.31/share) vs $128.6M ($1.34/share) in Q2 2023; revenue down to $0.2M from $0.9M.
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Cytokinetics raises ~$75M from underwriters' full exercise of overallotment option
Underwriters purchased 1,470,588 additional shares at $51.00 per share on June 7, 2024.
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Cytokinetics closes $500M public equity offering; concurrent $50M private placement
Closed public offering of 9,803,922 shares at $51.00; gross proceeds ~$500M.
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Cytokinetics secures $200M immediate funding from Royalty Pharma; restructures aficamten royalty
Received $50M upfront from Tranche 6 term loan and $100M from 2024 DFA; plus $50M from CK-586 RPA; total $200M immediate cash.
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Aficamten Phase 3 SEQUOIA-HCM meets primary endpoint: pVO2 improved 1.8 vs 0.0 mL/kg/min (p=0.000002)
All 10 prespecified secondary endpoints met, including KCCQ-CSS (+7 points, p<0.0001) and NYHA class improvement (34%, p<0.0001).
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Cytokinetics opens enrollment in CEDAR-HCM trial of aficamten in pediatric obstructive HCM
Initial cohort ~40 adolescents (12-17) with LVEF ≥60%, Valsalva LVOT-G ≥50 mmHg, NYHA ≥II.
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Cytokinetics Q1 2024 net loss $135.6M ($1.33 loss per share); cash $634M; aficamten NDA on track for Q3 2024
Net loss of $135.6M ($1.33 per share) vs $131.3M loss ($1.38 per share) in Q1 2023.
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Cytokinetics appoints Sung H. Lee as EVP, CFO effective May 8, 2024
Annual base salary of $550,000; target bonus 45% of base under corporate bonus plan.
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Cytokinetics reports positive 48-week FOREST-HCM data on aficamten at ACC
46 patients completed 48 weeks; 75% on 15mg or 20mg dose of aficamten.
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Cytokinetics reports Q4 2023 net loss of $1.38/share; positive SEQUOIA-HCM results, NDA planned for Q3 2024
Net loss Q4 2023: $136.9M ($1.38/share); full year net loss $526.2M ($5.45/share).
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CFO Ching W. Jaw resigns effective Feb 23, 2024 for personal health reasons
SVP & CFO Ching W. Jaw resigns effective Feb 23, 2024, to attend to personal health condition.
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Cytokinetics announces positive Phase 3 SEQUOIA-HCM results for aficamten in obstructive HCM
Aficamten improved exercise capacity (pVO2) vs placebo: LS mean diff 1.74 mL/kg/min (p=0.000002).
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Cytokinetics Q3 net loss $129.4M ($1.35/sh); SEQUOIA-HCM topline late Dec.
Net loss for Q3 2023 was $129.4M ($1.35/diluted share) vs $142.3M ($1.52) in Q3 2022.
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Cytokinetics Q2 net loss widens to $128.6M; cuts 2023 spend by 15%, completes SEQUOIA-HCM enrollment
Net loss of $128.6M ($1.34 loss per share) vs $19.8M ($0.23 loss) in Q2 2022.
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Cytokinetics reports positive Phase 2 data for aficamten in nHCM; Phase 3 to start 2H 2023
At 10 weeks, aficamten improved KCCQ-CSS by 10.6 points (p<0.0001); 58% of patients had clinical symptom reduction.