BUZZ-Cytokinetics falls on standard review for heart disease drug

Reuters
2024-12-02

** Shares of Cytokinetics fall 2.3% to $50.67 premarket

** CYTK says U.S. Food and Drug Administration has accepted to review its marketing application for heart disease drug aficamten

** FDA has assigned an action date of Sept. 26, 2025 - CYTK

** At least two analysts said CYTK shares could be weak today due to the standard review period for aficamten vs investor expectations of a priority review that could have led to an earlier launch

** Company is seeking approval of the drug to treat obstructive hypertrophic cardiomyopathy, in which heart muscles become stiff and can cause cardiac arrest

** Truist analysts say that standard review gives CYTK opportunity to submit data for drug as a first-line treatment, which could help set it apart from rival drug, Bristol Myers'

Camzyos

** Piper Sandler says FDA acceptance boosts confidence in the success of the drug, and maintains strong conviction of a less strict label compared to Camzyos

** As of last close, CYTK was down ~48% YTD

(Reporting by Bhanvi Satija in Bengaluru)

((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10