STOCK TITAN

Kronos Bio, Inc. - KRON STOCK NEWS

Welcome to our dedicated page for Kronos Bio news (Ticker: KRON), a resource for investors and traders seeking the latest updates and insights on Kronos Bio stock.

About Kronos Bio, Inc.

Kronos Bio, Inc. (Nasdaq: KRON) is a clinical-stage biopharmaceutical company dedicated to developing innovative small molecule therapeutics that address cancers and autoimmune diseases driven by deregulated transcription. Transcriptional dysregulation is a hallmark of many complex diseases, and Kronos Bio employs its proprietary discovery engine to decode transcription factor regulatory networks, identifying druggable cofactors that play critical roles in disease progression. By targeting these cofactors in a disease-specific context, the company aims to transform patient outcomes in areas of significant unmet medical need.

Proprietary Technology and Expertise

Kronos Bio's competitive edge lies in its proprietary discovery platform, which integrates high-throughput screening strategies and small molecule microarray (SMM) technology. This platform enables the company to identify and optimize small molecules that specifically target transcriptional drivers of disease. The focus on transcription factor regulatory networks allows Kronos Bio to address historically recalcitrant targets, opening new therapeutic possibilities in oncology and autoimmune diseases.

Pipeline and Therapeutic Focus

The company's pipeline includes multiple drug candidates at various stages of development:

  • Istisociclib (KB-0742): A CDK9 inhibitor designed to address MYC deregulation in solid tumors, currently being evaluated in a Phase 1/2 clinical trial for platinum-resistant high-grade serous ovarian cancer.
  • KB-9558: A p300 lysine acetyltransferase (KAT) inhibitor targeting IRF4 dependence in multiple myeloma and HPV-driven tumors, with preclinical data demonstrating potential tumor suppression through restoration of p53 and Rb pathways.
  • KB-7898: Kronos Bio's first autoimmune development candidate, targeting Sjögren’s disease. This p300 KAT inhibitor modulates inflammatory signaling pathways and has shown preclinical efficacy in reducing inflammatory cytokines and antibody production.

By focusing on these disease-specific mechanisms, Kronos Bio aims to provide therapeutic solutions for patient populations with limited or no treatment options.

Market Position and Challenges

Operating within the highly competitive biopharmaceutical industry, Kronos Bio faces challenges such as the inherent risks of drug development, regulatory hurdles, and the need for substantial financial resources. However, its emphasis on transcriptional dysregulation as a therapeutic target sets it apart from competitors, offering a unique value proposition. The company's focus on oncology and autoimmune diseases—markets with high unmet medical needs—positions it as a key player in these segments.

Commitment to Innovation

Kronos Bio's mission is underpinned by a commitment to scientific excellence and innovation. By leveraging its advanced discovery engine and expertise in transcriptional biology, the company continues to push the boundaries of what is possible in drug discovery and development. Its efforts are directed toward creating first-in-class therapies that have the potential to significantly improve the lives of patients worldwide.

Rhea-AI Summary
Kronos Bio, Inc. (Nasdaq: KRON) will participate in the 44th Annual Cowen Health Care Conference, with the CEO joining a panel discussion on Novel Oncology Targets. The event will take place from March 4-6, 2024, in Boston, Massachusetts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
none
-
Rhea-AI Summary
Kronos Bio, Inc. has announced a streamlined leadership structure, eliminating three executive officer roles and appointing a new Executive Leadership team. The company aims to focus on pipeline advancement and align with current operating needs. The new leadership structure includes a Senior Vice President for Research and Development, a Senior Vice President for Clinical Development, a Senior Vice President for Corporate Strategy and Portfolio Management, and a Senior Vice President for Corporate Operations and Legal. The changes are designed to optimize resources and efficiently deliver on business objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
none
-
Rhea-AI Summary
Kronos Bio, Inc. (Nasdaq: KRON) provides an update on its pipeline, including the completion of the phase 1b portion of the lanraplenib study, the designation of a new development candidate KB-9558, and the progress of its first development candidate KB-0742. The company also maintains its expected cash runway into 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.01%
Tags
none
Rhea-AI Summary
Kronos Bio, Inc. (Nasdaq: KRON) announced the participation of key executives in a fireside chat at the H.C. Wainwright 4th Annual Precision Oncology Virtual Conference. The event will be held on December 6, 2023, at 11:00 a.m. ET, with a live audio webcast available on the company's website. The participation of Dr. Jorge DiMartino and Dr. Charles Lin signifies the company's commitment to advancing precision oncology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none
-
Rhea-AI Summary
Kronos Bio, Inc. (KRON) to participate in fireside chat at 35th Annual Piper Sandler Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
none
-
Rhea-AI Summary
Kronos Bio, Inc. (Nasdaq: KRON) reported positive preliminary data from the Phase 1 dose escalation portion of the KB-0742 study at AACR-NCI-EORTC and CTOS conferences. This data showed on-mechanism, single agent anti-tumor activity and a manageable safety profile in pre-treated patients with transcriptionally addicted solid tumors. The company also announced a plan to optimize resource allocation, restructure, and contain costs, extending its cash runway into 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
Rhea-AI Summary
Kronos Bio, Inc. announces a plan to optimize resource allocation and restructure in light of positive clinical data from its Phase 1/2 study of KB-0742. The company will focus on exploring KB-0742's potential, advancing lanraplenib development, and maturing projects. Restructuring efforts include a 19% reduction in force and are expected to extend the company's cash runway into 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15%
Tags
-
Rhea-AI Summary
Kronos Bio, Inc. presented positive preliminary data from the phase 1 dose escalation portion of the ongoing KB-0742 study at the Connective Tissue Oncology Society annual meeting. The data showed on-mechanism, single agent anti-tumor activity and a manageable safety profile in heavily pre-treated patients with transcriptionally addicted solid tumors. Preclinical studies also demonstrated KB-0742's activity in models for rhabdomyosarcoma and Ewing sarcoma.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.1%
Tags
-
Rhea-AI Summary
Kronos Bio, Inc. will present positive preliminary data from the ongoing KB-0742 study at the Connective Tissue Oncology Society annual meeting. The data includes clinical data presented at a previous conference and provides a better understanding of the observed anti-tumor activity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
Tags
conferences clinical trial
Rhea-AI Summary
Kronos Bio announces positive preliminary data from Phase 1 trial of KB-0742 for treating transcriptionally addicted solid tumors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.65%
Tags

FAQ

What is the current stock price of Kronos Bio (KRON)?

The current stock price of Kronos Bio (KRON) is $0.925 as of March 3, 2025.

What is the market cap of Kronos Bio (KRON)?

The market cap of Kronos Bio (KRON) is approximately 57.3M.

What does Kronos Bio specialize in?

Kronos Bio specializes in developing small molecule therapeutics targeting deregulated transcription, a hallmark of cancer and autoimmune diseases.

What is Kronos Bio's proprietary discovery engine?

Kronos Bio's proprietary discovery engine decodes transcription factor regulatory networks to identify druggable cofactors, enabling the development of targeted therapies.

What are Kronos Bio's main therapeutic areas?

Kronos Bio focuses on oncology and autoimmune diseases, addressing unmet medical needs in these areas with innovative small molecule therapeutics.

What are Kronos Bio's key drug candidates?

Key drug candidates include Istisociclib (KB-0742) for MYC deregulation in solid tumors, KB-9558 for IRF4 dependence in multiple myeloma, and KB-7898 for Sjögren’s disease.

How does Kronos Bio differentiate itself from competitors?

Kronos Bio differentiates itself through its focus on transcriptional dysregulation, proprietary discovery technology, and commitment to addressing historically challenging drug targets.

What is Istisociclib (KB-0742)?

Istisociclib (KB-0742) is a CDK9 inhibitor designed to address MYC deregulation in solid tumors, currently in Phase 1/2 clinical trials.

What is KB-9558 designed to treat?

KB-9558 is a p300 KAT inhibitor targeting IRF4 dependence in multiple myeloma and HPV-driven tumors, with preclinical data supporting its tumor-suppressing activity.

What is KB-7898's therapeutic focus?

KB-7898 is Kronos Bio's first autoimmune development candidate, targeting Sjögren’s disease by modulating inflammatory signaling pathways.

Where is Kronos Bio headquartered?

Kronos Bio is headquartered in San Mateo, California, with a research facility in Cambridge, Massachusetts.

What challenges does Kronos Bio face?

Kronos Bio faces challenges such as high development costs, regulatory hurdles, and competition within the biopharmaceutical industry.
Kronos Bio, Inc.

Nasdaq:KRON

KRON Rankings

KRON Stock Data

57.33M
42.82M
26.9%
32.67%
0.88%
Biotechnology
Pharmaceutical Preparations
Link
United States
SAN MATEO