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.
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.
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.
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.
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.
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.
Kura Oncology, Inc. (Nasdaq: KURA) announced the successful closing of its public offering, selling 9,326,500 shares at $37.00 each, yielding approximately $345.1 million gross proceeds. The underwriters fully exercised their option to purchase an additional 1,216,500 shares. The offering was conducted under a shelf registration effective December 7, 2020. SVB Leerink, Credit Suisse, Barclays, and Stifel served as joint bookrunning managers. Kura aims to utilize these funds to advance its clinical-stage pipeline targeting cancer treatments, particularly focusing on precision medicine.
Kura Oncology, a clinical-stage biopharmaceutical company focused on precision cancer medicine, will participate in the JMP Securities Hematology Summit on December 15, 2020. CEO Troy Wilson will take part in a fireside chat at 11:00 a.m. ET. The summit is hosted virtually from December 15-16, 2020. A live audio webcast of the discussion will be available on Kura's website, with a replay accessible for 30 days. Kura's leading drug candidate is tipifarnib, aimed at treating HRAS mutant head and neck squamous cell carcinoma, alongside KO-539 for acute myeloid leukemia.
Kura Oncology (Nasdaq: KURA) has announced the pricing of an underwritten public offering of 8,110,000 shares of its common stock at $37.00 per share, aiming for gross proceeds of approximately $300 million. The offering includes a 30-day option for underwriters to purchase an additional 1,216,500 shares. The expected closing date is December 11, 2020, pending customary conditions. The securities are offered under a previously filed shelf registration statement.
Kura Oncology, Inc. (Nasdaq: KURA) has initiated an underwritten public offering to sell $200 million in common stock, with an option for underwriters to purchase an additional $30 million. The offering is subject to market conditions, and no assurance is given regarding its completion. The shares will be offered under a shelf registration statement filed with the SEC. The transaction will be managed by SVB Leerink, Credit Suisse, Barclays, and Stifel.
Kura Oncology announced preliminary data from its Phase 1/2A clinical trial of KO-539, an oral menin inhibitor, for treating relapsed/refractory acute myeloid leukemia (AML). Encouraging results showed evidence of biologic activity in all dose-escalation cohorts, with two complete remissions (CR) in patients with specific genetic mutations. The continuous dosing of KO-539 was well tolerated with manageable safety, and Kura plans to recommend a Phase 2 dose and advance to expansion cohorts in early 2021.
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