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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, a clinical-stage biopharmaceutical company focused on cancer treatments, announced its participation in the Cowen 2nd Annual Virtual Oncology Innovation Summit. CEO Troy Wilson will present in a fireside chat on May 20, 2021, at 10:20 a.m. PT. A live audio webcast will be available on the company's website, with a replay following the event. Kura's pipeline includes KO-539, a menin inhibitor in a Phase 1/2 trial, and Tipifarnib, a farnesyl transferase inhibitor with Breakthrough Therapy Designation, currently in a registration-directed study for head and neck cancer.

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Kura Oncology reported its Q1 2021 financial results, highlighting the promising clinical activity and safety profile of its menin inhibitor KO-539. The KOMET-001 trial has been amended to include Phase 1b expansion cohorts for NPM1-mutant and KMT2A-rearranged relapsed/refractory AML patients. Kura maintains a solid financial position with $603.9 million in cash, expected to fund operations into 2024. The company also announced a publication of tipifarnib trial data in the Journal of Clinical Oncology and received Breakthrough Device Designation for an HRAS companion diagnostic.

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Kura Oncology (KURA) will report its Q1 2021 financial results on May 6, 2021, after the U.S. markets close. A conference call will follow at 4:30 p.m. ET to discuss the results and provide a corporate update. The call can be accessed by dialing the provided numbers. Kura focuses on precision cancer treatments, with notable therapies in its pipeline, including KO-539 for acute myeloid leukemia and Tipifarnib for HRAS mutant head and neck cancer, which has received Breakthrough Therapy Designation.

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Kura Oncology reported significant results from the Phase 2 RUN-HN trial of tipifarnib for HRAS mutant head and neck squamous cell carcinoma (HNSCC). The objective response rate (ORR) was 55%, with a median progression-free survival (PFS) of 5.6 months, outperforming previous therapies which had a PFS of 3.6 months (p=0.0012). The median overall survival (OS) was recorded at 15.4 months. The safety profile was consistent with earlier data, supporting the advancement of the AIM-HN registration-directed trial. These findings underscore the potential of genomic testing in identifying suitable candidates for tipifarnib treatment.

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Kura Oncology reported positive developments regarding its clinical pipeline and financial results for 2020. Preliminary data for KO-539 showed significant single-agent activity in relapsed AML patients, particularly those with NPM1 mutations. The FDA granted Breakthrough Therapy Designation to tipifarnib for treating recurrent HRAS mutant HNSCC. Financially, the company ended 2020 with $633.3 million in cash, ensuring operational funding into 2024. However, Kura also reported an increase in net losses, reaching $89.6 million for the year.

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Kura Oncology (Nasdaq: KURA) announced that its drug tipifarnib has received Breakthrough Therapy Designation from the FDA for treating recurrent or metastatic HRAS mutant head and neck squamous cell carcinoma (HNSCC). This designation is based on promising data from the RUN-HN Phase 2 trial, which indicated a 50% objective response rate and improved median overall survival of 15.4 months. HNSCC, with over 885,000 new cases annually, has a poor prognosis and limited treatment options. Tipifarnib also holds Fast Track designation, enhancing its development pathway.

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Kura Oncology, a clinical-stage biopharmaceutical company, announced that its CEO, Troy Wilson, will participate in four virtual investor conferences in February and March 2021. Key events include a fireside chat at the SVB Leerink 10th Annual Global Healthcare Conference on February 25, a panel discussion at the Cowen 41st Annual Health Care Conference on March 3, and a presentation at the Barclays Virtual Global Healthcare Conference on March 10. Kura's drug candidates, including tipifarnib and KO-539, target specific cancer signaling pathways to enhance treatment outcomes.

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Kura Oncology, Inc. (Nasdaq: KURA) announced it will report its fourth quarter and full year 2020 financial results on February 24, 2021, before U.S. markets open. Management will host a conference call at 8:00 a.m. ET to discuss these results and provide a corporate update. The company is focused on developing precision medicines for cancer treatment, with two key candidates: tipifarnib for HRAS mutant head and neck cancer, and KO-539 for acute myeloid leukemia, currently in clinical trials. For details, visit their website.

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Kura Oncology announced its participation in the H.C. Wainwright BioConnect 2021 Conference, scheduled for January 13, 2021. President and CEO Troy Wilson will join a panel discussion on precision medicine, focusing on the role of biomarkers in drug discovery and commercialization. The panel, led by former FDA Commissioner Dr. Scott Gottlieb, will start at 9:00 a.m. PT. A live audio webcast will be accessible on Kura’s website, followed by an archived replay for 30 days.

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Kura Oncology, a clinical-stage biopharmaceutical company focused on precision cancer medicines, will participate in the 39th Annual J.P. Morgan Healthcare Conference. CEO Troy Wilson is scheduled to present on January 12, 2021, at 1:30 p.m. PT / 4:30 p.m. ET. The virtual conference takes place from January 11-14, 2021. A live audio webcast of the presentation will be available on Kura's website and an archived replay will be accessible for 30 days post-event. Kura's leading drug candidates include tipifarnib and KO-539, targeting key cancer pathways.

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FAQ

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

The current stock price of Kura Oncology (KURA) is $9.01 as of December 20, 2024.

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

The market cap of Kura Oncology (KURA) is approximately 699.1M.

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

699.10M
75.10M
1.05%
113.85%
14.19%
Biotechnology
Pharmaceutical Preparations
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United States of America
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