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Kymera reports Q1 net loss $69.2M; Gilead licenses KT-200 for $45M milestone
Net loss $69.2M in Q1 2026, vs $65.6M in Q1 2025; cash $1.55B provides runway into 2029.
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Kymera Therapeutics amends bylaws to designate federal courts for securities claims
Board approved amendment to Second Amended and Restated Bylaws on March 25, 2026.
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Kymera reports FY2025 net loss $311M; cash $1.6B; STAT6 and IRF5 trials advancing
Cash and investments of $1.6B as of Dec 31, 2025, providing runway into 2029.
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Kymera Therapeutics enters $500M at-the-market offering agreement with TD Cowen
Agreement allows Kymera to sell up to $500M of common stock through TD Cowen at its discretion.
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Kymera reports $1.6B cash; KT-621 Phase 2b AD data by mid-2027, asthma data late-2027
Preliminary cash, cash equivalents and marketable securities of $1.6B as of Dec 31, 2025; runway into 2029.
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Kymera prices upsized $602M public offering; net ~$656M for pipeline
Priced 7,000,000 shares at $86.00 per share; gross proceeds $602M.
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Kymera reports positive Phase 1b results for oral STAT6 degrader KT-621 in atopic dermatitis
KT-621 achieved 98% median STAT6 degradation in blood and 94% in skin lesions at Day 29 across both dose groups.
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Kymera discusses Phase 1b data for KT-621 in atopic dermatitis on Dec 8 call
Oral STAT6 degrader KT-621 BroADen Phase 1b results presented; slide deck furnished.
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Kymera Q3 net loss $82.2M; KT-621 Phase 1b AD data due Dec 2025
Net loss $82.2M in Q3 2025 vs $62.5M in Q3 2024; R&D expenses rose to $74.1M.
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Kymera Therapeutics appoints Brian Adams as Chief Legal Officer; Ellen Chiniara retires
Ellen Chiniara, Chief Legal Officer, retires effective Sept 3, 2025; departure not due to any disagreement with the company.
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Kymera Q2 net loss $76.6M; cash ~$1B; KT-621 Phase 1 data positive; Gilead CDK2 deal up to $750M
Net loss widened to $76.6M in Q2 2025 ($42.1M Q2 2024); R&D spend rose to $78.4M from $59.2M.
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Kymera shareholders elect Albers and Baker as Class II directors at 2025 annual meeting
Jeffrey Albers elected with 55,765,189 votes for, 3,142,251 withheld.
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Kymera prices $250.8M public offering of common stock and pre-funded warrants
Offering includes 5,044,500 shares at $44.00 and pre-funded warrants for 655,500 shares at $43.9999.
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Kymera and Gilead sign option/license deal for CDK2 degraders; up to $750M
Up to $750M total payments including $85M upfront/option exercise payments.
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Sanofi to advance Kymera's KT-485 IRAK4 degrader; $20M milestone achieved
Sanofi selects KT-485 for Phase 1 testing in immuno-inflammatory diseases, expected to start next year; KT-474 will not advance.
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Kymera reports positive Phase 1 data for oral STAT6 degrader KT-621; >90% STAT6 degradation at low doses
SAD: >90% mean STAT6 degradation in blood at doses starting at 6.25 mg; ≥75 mg achieved complete degradation.
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Kymera presents Phase 1 healthy volunteer data for oral STAT6 degrader KT-621
Hosted conference call on June 2, 2025 to discuss Phase 1 results for KT-621, a first-in-class oral STAT6 degrader.
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Kymera Q1 net loss $65.6M, cash $775M; unveils oral IRF5 degrader KT-579; STAT6 data June
Net loss $65.6M (Q1 2025) vs $48.6M (Q1 2024); collab revenue $22.1M incl $20M Sanofi milestone.
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Kymera grants PSUs to key employees with three clinical milestone vesting targets
PSUs vest in three installments: 40% for first milestone, 40% for second, 20% for third.
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Kymera Q4 net loss $70.8M, cash $851M; KT-621 Phase 1 data June 2025
Net loss Q4 2024 $70.8M, full year $223.9M; collaboration revenue Q4 $7.4M vs $47.9M YoY.
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Kymera reports $850M cash, outlines 2025 pipeline milestones for KT-621, KT-295, KT-474
Preliminary cash ~$850M as of Dec 31, 2024; runway into mid-2027.
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Kymera posts Q3 net loss $62.5M; initiates STAT6 degrader Phase 1; shifts focus to immunology
Net loss $62.5M in Q3 2024 vs $52.9M in Q3 2023; collaboration revenue $3.7M from Sanofi.
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Kymera prices $225M offering of common stock and pre-funded warrants
Selling 2,002,313 shares at $40.75 and 3,519,159 pre-funded warrants at $40.7499.
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Kymera Q2 net loss $42.1M, cash $702M; Sanofi expands KT-474 Phase 2
Net loss $42.1M in Q2 2024 vs $38.8M in Q2 2023; revenue from Sanofi collaboration $25.7M.
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Sanofi expands KT-474 Phase 2 trials in HS and AD after positive interim data review
Sanofi to expand ongoing Phase 2 trials for KT-474 in hidradenitis suppurativa and atopic dermatitis.
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Director Horobin resigns; shareholders approve plan amendment to include pre-funded warrants in evergreen
Director Joanna Horobin resigned from board and all committees on June 18, 2024; resignation not due to any disagreement.
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Kymera Therapeutics Q1 2024 net loss $48.6M; cash $745M; pipeline progresses
Net loss $48.6M in Q1 2024 vs $40.9M in Q1 2023; collaboration revenue $10.3M.