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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, Inc. granted inducement awards of nonstatutory stock options to two new employees, totaling 93,000 shares of common stock. The options have an exercise price of $21.59 per share and will vest over four years. This move aligns with the Company's commitment to precision medicines for cancer treatment.
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Kura Oncology reports positive preliminary combination data from KOMET-007 trial of ziftomenib in NPM1-m and KMT2A-r AML, with effective mitigation of differentiation syndrome. Completion of enrollment in registration-directed trial of ziftomenib in NPM1-m AML expected by mid-2024. $570 million in pro forma cash provides runway into 2027.
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Kura Oncology initiates Phase 1 trial KOMET-008 to evaluate ziftomenib in combination with gilteritinib, FLAG-IDA, or LDAC for NPM1-mutant or KMT2A-rearranged AML patients, aiming to provide a new treatment option with promising safety and efficacy profiles.
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Kura Oncology, Inc. (NASDAQ: KURA) announces CEO's participation in three investor conferences to discuss precision medicines for cancer treatment. Live webcasts and replays will be accessible on the company's website.
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Kura Oncology, Inc. (KURA) will report Q4 and full year 2023 financial results on Feb 27, 2024. The company aims to advance precision medicines for cancer treatment with a webcast and conference call scheduled for the same day.
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Kura Oncology, Inc. (Nasdaq: KURA) granted inducement awards of nonstatutory stock options to three new employees. Each stock option has an exercise price of $21.02 per share and will vest over four years, subject to the employees' continued service relationship with the company.
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Kura Oncology, Inc. (Nasdaq: KURA) reported preliminary clinical data from the first 20 patients in KOMET-007, a Phase 1 trial of ziftomenib in combination with standard treatments for acute myeloid leukemia. The data showed a 100% complete remission rate in newly diagnosed patients and encouraging clinical activity in refractory/relapsed patients. The menin inhibitor ziftomenib demonstrated an encouraging safety profile and tolerability, with no differentiation syndrome events reported. The 200 mg dose was cleared, and enrollment at the 400 mg dose is ongoing. Kura plans to initiate a Phase 1b dose validation/expansion in combination with standard treatments in newly diagnosed patients. The company remains in a strong financial position with cash runway expected into 2027.
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Kura Oncology, a clinical-stage biopharmaceutical company, has announced a private placement to sell shares of its common stock and pre-funded warrants, expecting to raise approximately $150 million. The funding comes from existing investors, providing runway into 2027. The company will host a virtual investor event on January 30 to highlight preliminary combination data for ziftomenib.
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Kura Oncology, Inc. (NASDAQ: KURA) announced a clinical collaboration with The Leukemia & Lymphoma Society (LLS) to evaluate Kura’s menin inhibitor, ziftomenib, in combination with chemotherapy in pediatric patients with relapsed/refractory acute leukemia. The collaboration aims to advance more effective, safer treatments with fewer long-term side effects for children with blood cancer.
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Kura Oncology, Inc. (KURA) announced that its CEO, Troy Wilson, Ph.D., J.D., will participate in a virtual fireside chat at the JMP Securities Hematology and Oncology Summit on December 5, 2023. The live webcast will be available on Kura's website.
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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
SAN DIEGO