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Kura Oncology, Inc. - KURA STOCK NEWS

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

Kura Oncology, Inc. (symbol: KURA) is a clinical-stage biopharmaceutical company based in San Diego, dedicated to pioneering precision medicines for cancer treatment. Leveraging advances in cancer genomics, Kura develops targeted therapies and companion diagnostics designed to address the genetic underpinnings of various cancers, optimizing treatment efficacy and safety.

The company's flagship product candidate, Tipifarnib, is under investigation for treating both solid tumors and blood cancers. Tipifarnib is a potent farnesyl transferase inhibitor, currently undergoing Phase 1/2 trials in combination with alpelisib for patients with head and neck squamous cell carcinoma.

Another key candidate, Ziftomenib, targets acute myeloid leukemia (AML) with NPM1 and KMT2A mutations. Highlighted by its recent Breakthrough Therapy Designation from the FDA, Ziftomenib is involved in multiple clinical trials, including the KOMET-001 and KOMET-007 studies. Early results show promising efficacy and a favorable safety profile, particularly in the combination with current standards of care like venetoclax and azacitidine.

Kura is also advancing KO-2806, a next-generation farnesyl transferase inhibitor, in a Phase 1 dose-escalation trial as a monotherapy and in combination with other targeted therapies for renal and lung cancers.

Financially, Kura remains robust, with cash reserves projected to support operations through 2027. The company has an ongoing commitment to aggressive research, development, and pre-commercial activities, ensuring continued progression of its promising pipeline.

The company's recent achievements include reporting preliminary clinical data from the KOMET-007 trial and securing additional financing to reinforce its financial position. Kura continues its mission to bring life-saving therapies to patients with high unmet medical needs, aiming to improve and extend the lives of those battling cancer.

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Kura Oncology announced a partial clinical hold on its KOMET-001 Phase 1b study of KO-539 for relapsed or refractory acute myeloid leukemia (AML) due to a Grade 5 serious adverse event (a patient death) linked to differentiation syndrome. Current patients may continue treatment, but new enrollments are halted. Kura is collaborating with the FDA to lift the hold. As a result, the company has suspended guidance on enrollment completion and the recommended Phase 2 dose of KO-539 until clarity is achieved regarding the hold.

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Kura Oncology announced that its CEO, Troy Wilson, will participate in two virtual investor conferences. The first is a fireside chat at the Evercore ISI 4th Annual HealthCONx Conference on November 30, 2021, at 11:20 a.m. ET. The second is at the JMP Securities Hematology and Oncology Summit on December 7, 2021, at 2:20 p.m. ET. Audio webcasts of both events will be available on Kura's website, with archived replays accessible afterward. Kura is focused on developing precision medicines for cancer treatment, with ongoing trials for promising drug candidates.

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Kura Oncology reported its Q3 2021 financial results with a net loss of $33.4 million, compared to $23.8 million in Q3 2020. The company continues to enroll patients in its Phase 1b study of KO-539 for AML, with plans for a comprehensive development strategy. Kura activated the first site for the Phase 1/2 trial of tipifarnib plus alpelisib in HNSCC. As of September 30, 2021, Kura holds $543.4 million in cash, providing a runway into 2024. The upcoming ASH presentation will discuss the potential of KO-539 in combination with venetoclax.

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Kura Oncology, Inc. (Nasdaq: KURA) announced its participation in the Credit Suisse 30th Annual Healthcare Conference. The event features a virtual fireside chat with CEO Troy Wilson on November 9, 2021, at 3:30 p.m. ET. Investors can access a live audio webcast on Kura's website, with a replay available afterward. Kura specializes in precision medicines for cancer, focusing on small molecule drug candidates. Key programs include KO-539 for relapsed/refractory AML and Tipifarnib for HRAS mutant head and neck cancer, highlighting the company's innovative approach to oncology.

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Kura Oncology, Inc. (Nasdaq: KURA) will release its third quarter 2021 financial results on November 4, 2021, after U.S. markets close. A webcast and conference call, scheduled for 4:30 p.m. ET / 1:30 p.m. PT, will provide financial insights and a corporate update. The call can be accessed by domestic and international callers with specific dial-in information. Kura focuses on innovative cancer treatments, including KO-539 for AML and Tipifarnib for HRAS mutant HNSCC, highlighting its commitment to precision medicine.

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Kura Oncology (Nasdaq: KURA) has appointed Teresa Bair as Chief Legal Officer and Corporate Secretary. Bair brings over 25 years of legal experience, recently serving as General Counsel at Athenex, where she assisted in multiple NDA filings and an FDA approval. Kura's President, Troy Wilson, emphasized her expertise in drug development, crucial for advancing their oncology drug pipeline. Kura focuses on precision medicines for cancer, with pipeline candidates like KO-539 and tipifarnib, which has gained Breakthrough Therapy Designation.

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Kura Oncology (Nasdaq: KURA) announced that Troy Wilson, Ph.D., J.D., CEO, will participate in two virtual investor conferences. He will present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021, with an on-demand recording available starting at 7:00 a.m. ET. Additionally, he will engage in a fireside chat at the Cantor Global Healthcare Conference on September 27, 2021, at 3:20 p.m. ET. Audio webcasts of both events will be accessible on Kura's website, with archived replays available after both events.

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Kura Oncology reported its Q2 2021 results, highlighting key advancements in clinical trials and collaborations. The first patients have been dosed in the Phase 1b cohorts for KO-539, a menin inhibitor targeting relapsed/refractory AML. A collaboration with Novartis aims to assess tipifarnib with alpelisib in HNSCC. Kura has also nominated KO-2806 as its lead candidate in a new farnesyl transferase program. Financially, the company reported a net loss of $33.7 million with $567.5 million in cash reserves expected to sustain operations into 2024.

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Kura Oncology, Inc. (Nasdaq: KURA) announced its participation in the Wedbush PacGrow Healthcare Virtual Conference on August 11, 2021. CEO Troy Wilson will join a panel discussion titled “Bullseye - Targeted Oncology Part 2” at 10:20 a.m. ET. A live audio webcast will be accessible via the Investors section of Kura's website, with a replay available shortly after the event. Kura focuses on precision medicines for cancer, currently advancing drug candidates like KO-539 and Tipifarnib in clinical trials targeting specific cancer types.

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Kura Oncology, a clinical-stage biopharmaceutical company, will announce its second quarter 2021 financial results on August 5, 2021, after market close. A webcast and conference call will follow at 4:30 p.m. ET. The company is focused on precision medicines for cancer treatment, with several drug candidates including KO-539 for acute myeloid leukemia and tipifarnib for HRAS mutant head and neck squamous cell carcinoma. Kura's therapies aim to target specific cancer pathways and improve patient outcomes.

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FAQ

What is the current stock price of Kura Oncology (KURA)?

The current stock price of Kura Oncology (KURA) is $15.92 as of November 15, 2024.

What is the market cap of Kura Oncology (KURA)?

The market cap of Kura Oncology (KURA) is approximately 1.2B.

What is Kura Oncology's core business?

Kura Oncology focuses on developing precision medicines for the treatment of cancer, particularly targeting genetic mutations.

What are the main product candidates of Kura Oncology?

The main product candidates include Tipifarnib, Ziftomenib, and KO-2806, each targeting various cancers through specific genetic pathways.

What is Tipifarnib used for?

Tipifarnib is a farnesyl transferase inhibitor being studied for the treatment of solid tumors and blood cancers.

What recent achievements has Kura Oncology reported?

Recent achievements include promising preliminary clinical data from the KOMET-007 trial and securing additional financing to support operations through 2027.

What is Ziftomenib?

Ziftomenib is an investigational drug targeting acute myeloid leukemia (AML) with specific genetic mutations, recently granted Breakthrough Therapy Designation by the FDA.

How is Ziftomenib being tested currently?

Ziftomenib is under evaluation in clinical trials like KOMET-001 and KOMET-007, including its combination with standard therapies for AML.

What financial position is Kura Oncology in?

Kura Oncology has a strong financial position, with funds projected to support operations through 2027.

What is KO-2806?

KO-2806 is a next-generation farnesyl transferase inhibitor currently in a Phase 1 dose-escalation trial for the treatment of renal and lung cancers.

Where is Kura Oncology based?

Kura Oncology is based in San Diego, California.

How can investors get in touch with Kura Oncology?

Investors can contact Pete De Spain, Executive Vice President of Investor Relations & Corporate Communications at pete@kuraoncology.com.

Kura Oncology, Inc.

Nasdaq:KURA

KURA Rankings

KURA Stock Data

1.21B
76.18M
1.05%
105.32%
12.13%
Biotechnology
Pharmaceutical Preparations
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United States of America
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