Cytokinetics Inc Stock Price, News & Analysis

Cytokinetics (CYTK) has granted equity incentives to 5 new employees who joined in April and May 2025. The package includes 40,275 stock options at an exercise price of $29.84 per share and 27,144 RSUs. The RSUs will vest over 3 years (40% in year 1, 40% in year 2, 20% in year 3), while stock options vest over 4 years with a 10-year term. These grants were made under Nasdaq Rule 5635(c)(4) as employment inducements. Cytokinetics is a cardiovascular biopharmaceutical company developing treatments for cardiac muscle dysfunction, including aficamten for HCM, omecamtiv mecarbil for HFrEF, CK-586 for HFpEF, and CK-089 for muscular dystrophy.

Cytokinetics (NASDAQ: CYTK) announced its second annual Contemporary Landscapes in Muscle Biology Research Symposium (CLIMB) scheduled for May 30th, 2025, at the Mission Bay Conference Center in San Francisco. The one-day symposium, running from 8:00 AM to 6:00 PM Pacific Time, aims to unite scientists, researchers, and emerging professionals in muscle biology.

The event will feature distinguished speakers including keynote speaker John C. Marioni from Genentech, alongside experts from prestigious institutions such as Stanford University, University of Pennsylvania, and University of British Columbia. Presentations will focus on innovations in cardiac biology, skeletal muscle biology, and emerging treatment modalities. The symposium will also include poster presentations of novel research.

Cytokinetics (CYTK) announced positive topline results from MAPLE-HCM, a Phase 3 clinical trial comparing aficamten to metoprolol in patients with symptomatic obstructive hypertrophic cardiomyopathy (HCM). The trial met its primary endpoint, showing statistically significant improvement in peak oxygen uptake (pVO2) from baseline to Week 24 for aficamten compared to the standard of care beta blocker metoprolol. The study involved 175 patients randomized 1:1 to receive either treatment as monotherapy. Aficamten demonstrated a favorable safety and tolerability profile compared to metoprolol. The trial design included patients with specific criteria including resting LVOT-G ≥30 mmHg and/or post-Valsalva LVOT-G ≥50 mmHg, with left ventricular ejection fraction ≥60%. Full results will be presented at an upcoming medical conference.

Cytokinetics (NASDAQ: CYTK) has announced four upcoming presentations at the European Society of Cardiology Heart Failure 2025 Congress in Belgrade, Serbia (May 17-20, 2025). The presentations include three Late Breaking Science sessions and one ePoster presentation, focusing on the company's cardiovascular treatments.

Key presentations will cover: 1) Efficacy and safety of Aficamten in patients with obstructive hypertrophic cardiomyopathy, 2) SEQUOIA-HCM study results analyzing Aficamten treatment across geographical regions, 3) Exploratory analysis of Omecamtiv Mecarbil in the GALACTIC-HF trial, and 4) An ePoster on cardiovascular outcomes in non-obstructive hypertrophic cardiomyopathy patients.

Cytokinetics (CYTK) has announced its Annual Meeting of Stockholders, scheduled for Wednesday, May 14, 2025, at 10:00 AM Pacific Time. The meeting will be held at the company's headquarters in South San Francisco. Following the meeting, CEO Robert I. Blum will present a company update.

Stockholders of record as of March 24, 2025 are eligible to vote and attend in person. Voting options include in-person attendance or proxy submission via mail, telephone, or internet by 11:59 PM Eastern Time on May 13, 2025. The meeting will be available via live webcast, with a replay accessible through the company's website for twelve months.

Cytokinetics (NASDAQ: CYTK) reported Q1 2025 financial results and business updates. Key highlights include: FDA extended the PDUFA date for aficamten in obstructive HCM to December 26, 2025, following a REMS submission. The company maintains $1.1 billion in cash as of March 31, 2025. Financial results show Q1 2025 net loss of $161.4 million ($1.36 per share) compared to $135.6 million in Q1 2024. Revenue was $1.6 million, up from $0.8 million year-over-year. R&D expenses increased to $99.8 million from $81.6 million, while G&A expenses rose to $57.4 million from $45.5 million. The company completed enrollment in ACACIA-HCM trial ahead of schedule and expects topline results from MAPLE-HCM in May 2025. Cytokinetics maintains its 2025 guidance with GAAP operating expenses projected between $670-710 million.

Cytokinetics (CYTK) announced that the FDA has extended the PDUFA date for aficamten, its drug candidate for obstructive hypertrophic cardiomyopathy (oHCM), to December 26, 2025. The extension comes after the FDA requested Cytokinetics to submit a Risk Evaluation and Mitigation Strategy (REMS), which was deemed a Major Amendment to the New Drug Application (NDA).

The FDA's decision resulted in a standard three-month extension from the original PDUFA date. Notably, no additional clinical data or studies were requested. The company maintains confidence in aficamten's benefit-risk profile and expects a differentiated label upon potential FDA approval.

Cytokinetics (Nasdaq: CYTK) has announced its participation in two major investor conferences this May. The company will engage in fireside chats at:

• The Citizens Life Sciences Conference on May 7, 2025, at 10:00 AM ET at the New York Hilton Midtown Hotel
• The 2025 RBC Capital Markets Global Healthcare Conference on May 21, 2025, at 8:30 AM ET at the InterContinental New York Barclay Hotel

Both fireside chats will be accessible via live webcasts through the Investors & Media section of Cytokinetics' website. Recordings will remain available for 90 days after the events.

Cytokinetics (CYTK) has announced it will release its first quarter 2025 financial results on May 6, 2025, at 4:00 PM Eastern Time. Following the earnings release, the company's senior management will host a conference call at 4:30 PM Eastern Time to discuss the financial performance and provide business updates.

The conference call will be accessible through a simultaneous webcast from the Investors & Media section of Cytokinetics' website. Participants can also join via telephone by pre-registering through a provided link. A replay of the webcast will remain available on the company's website for six months.