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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 will host a virtual investor event on December 5, 2020, at 2:00 p.m. ET to discuss preliminary clinical data regarding its menin inhibitor, KO-539, following its presentation at the 62nd American Society of Hematology (ASH) Annual Meeting. The event will feature Kura's management team and investigators from the ongoing KOMET-001 trial. A live video webcast will be available on Kura's website, with an archived replay accessible after the event.

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Kura Oncology reported third quarter 2020 results, highlighting significant developments in its clinical pipeline and financial standing. Preliminary data from the KOMET-001 trial of KO-539, a menin inhibitor, showed promising safety and anti-leukemic activity. The drug is nearing a recommended Phase 2 dose with expansion cohorts planned for specific AML populations. Additionally, preclinical data supports the combination of tipifarnib with a PI3Kα inhibitor for treating HRAS-dependent HNSCC. Kura ended Q3 2020 with $325.4 million in cash, ensuring operational support into 2023.

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Kura Oncology, Inc. (Nasdaq: KURA) announced participation in three upcoming virtual investor conferences. CEO Troy Wilson will present at the Credit Suisse 29th Annual Healthcare Conference on November 11, 2020, at 10:15 a.m. ET. CFO Marc Grasso will speak at the Stifel Virtual Healthcare Conference on November 16, 2020, at 1:20 p.m. ET. Additionally, a pre-recorded fireside chat with Dr. Wilson will be available on Kura's website during the Piper Sandler 32nd Annual Healthcare Conference from December 1-3, 2020. Live audio webcasts will also be accessible on Kura's IR website.

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Kura Oncology (KURA) will release its third quarter 2020 financial results on November 5, 2020, before U.S. markets open. A conference call and webcast will follow at 8 a.m. ET to discuss the results and provide a corporate update. The company focuses on developing precision cancer treatments, with its lead candidate, tipifarnib, in a registration-directed trial for HRAS mutant head and neck cancer. Kura also has KO-539, a menin inhibitor in Phase 1/2A trials for acute myeloid leukemia.

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Kura Oncology has unveiled new preclinical data supporting the use of tipifarnib in treating HRAS/PI3K-dependent tumors, which account for up to 50% of head and neck squamous cell carcinoma (HNSCC) cases. The company plans to initiate a Phase 1/2 proof-of-concept study combining tipifarnib with a PI3Kα inhibitor in relapsed/refractory HNSCC. Current estimates suggest that 20% of HNSCC patients overexpress HRAS while 35% have PIK3CA mutations. Kura's ongoing AIM-HN trial focuses on HRAS mutant HNSCC, which affects 4-8% of patients.

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Kura Oncology, a clinical-stage biopharmaceutical company, announced that preliminary data from its KOMET-001 study will be presented at the 62nd ASH Annual Meeting on December 5, 2020. This ongoing trial evaluates the safety and efficacy of KO-539, an oral menin inhibitor for patients with relapsed/refractory acute myeloid leukemia (AML). Data will be available on the ASH website on November 5, 2020. The presentation aims to assess anti-leukemic activity in specific genetic subgroups, highlighting the potential of KO-539 in addressing high unmet medical needs.

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Kura Oncology (Nasdaq: KURA) announced that CEO Troy Wilson will participate in two virtual investor conferences. The events include a fireside chat at the H.C. Wainwright 22nd Annual Global Investment Conference on September 15, 2020, at 11:30 a.m. ET, and another at the 2020 Cantor Virtual Global Healthcare Conference on September 16, 2020, at 4:00 p.m. ET. Live webcasts will be accessible on Kura’s website, with archived replays available for 30 days. Kura is focused on precision medicines for cancer, with drug candidates targeting critical pathways in cancer treatment.

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Kura Oncology announced the appointment of Stephen Dale, M.D., as the new Chief Medical Officer. Dr. Dale brings extensive experience from his previous role at Kyowa Kirin, focusing on oncology. His leadership is expected to enhance Kura's clinical development efforts, particularly for tipifarnib in HRAS-dependent head and neck cancers and KO-539 in acute myeloid leukemia.

Former acting CMO Bridget Martell will transition to Senior Scientific Advisor, continuing her contributions to Kura's strategic initiatives.

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Kura Oncology, a clinical-stage biopharmaceutical company, will participate in the 2020 Wedbush PacGrow Healthcare Virtual Conference. CEO Troy Wilson is set to present on August 11, 2020, at 2:20 p.m. ET. The conference runs from August 11-12, 2020, and a live audio webcast will be available on the company’s website. Kura’s pipeline includes two drug candidates targeting cancer pathways, with tipifarnib in a pivotal trial for HRAS mutant head and neck cancer and KO-539 in Phase 1/2A trials for acute myeloid leukemia.

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Kura Oncology, Inc. (Nasdaq: KURA) is set to release its second quarter 2020 financial results on August 6, 2020, after U.S. markets close. Management will hold a webcast and conference call at 4:30 p.m. ET to discuss these results and provide a corporate update. Kura focuses on developing precision medicines for cancer with two promising drug candidates: tipifarnib, which targets HRAS mutant head and neck squamous cell carcinoma, and KO-539, aimed at treating acute myeloid leukemia.

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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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