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Chinook Therapeutics Stock Price, News & Analysis

KDNY NASDAQ

Company Description

Chinook Therapeutics, Inc. (NASDAQ: KDNY) is a clinical-stage biotechnology company focused on developing precision medicines specifically for kidney diseases. Kidney diseases pose a significant and growing health challenge globally, often requiring costly treatments like dialysis and transplantation. Chinook is at the forefront of addressing this need through advanced understanding of disease biology and cutting-edge translational platforms.

The company’s lead product candidates include atrasentan, a phase 3 endothelin receptor antagonist aimed at treating IgA nephropathy and proteinuric glomerular diseases, and zigakibart (BION-1301), an anti-APRIL monoclonal antibody undergoing a phase 1/2 trial for IgA nephropathy. Additionally, CHK-336, an oral small molecule LDHA inhibitor, is being developed for hyperoxalurias and other kidney stone disorders, currently in phase 1 trials.

Recent achievements highlight their commitment to innovation. Data from the phase 1 study of CHK-336 demonstrated hepatic LDH target engagement and decreased oxalate production, albeit with ongoing investigations into observed serious adverse events. The initiation of the phase 3 BEYOND study for zigakibart marks another milestone in providing new treatment options for patients with IgAN, reinforcing the potential of their therapies to modify disease progression.

Chinook’s approach leverages data from comprehensive kidney single-cell RNA sequencing and large chronic kidney disease (CKD) patient cohorts to identify key therapeutic targets. This strategy enables them to build a robust pipeline of precision medicines for rare and severe kidney diseases. Their research benefits from rich clinical data and patient samples, providing insights that drive the development of their innovative drug candidates.

Financially, Chinook remains focused on advancing its clinical programs while exploring strategic collaborations and partnerships to bolster its development efforts. Their strong scientific foundation and strategic focus positions them as a leader in the field of kidney disease therapeutics.

For more detailed updates and ongoing news, visit their official website at www.chinooktx.com.

Stock Performance

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Performance 1 year
$2.7B
Market Cap
71.8M
Shares outstanding

SEC Filings

No SEC filings available for Chinook Therapeutics.

Financial Highlights

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Net Income (TTM)
Diluted EPS (TTM)
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Frequently Asked Questions

What is the market cap of Chinook Therapeutics (KDNY)?

The market cap of Chinook Therapeutics (KDNY) is approximately 2.7B.

What is Chinook Therapeutics, Inc.?

Chinook Therapeutics, Inc. is a clinical-stage biotechnology company developing precision medicines for kidney diseases.

What are the main products of Chinook Therapeutics?

Their main products include atrasentan for IgA nephropathy and proteinuric glomerular diseases, zigakibart (BION-1301) for IgA nephropathy, and CHK-336 for hyperoxalurias.

What recent achievements has Chinook Therapeutics made?

Recent achievements include successful target engagement in phase 1 studies of CHK-336 and the initiation of the phase 3 BEYOND study for zigakibart.

What is the BEYOND study?

The BEYOND study is a phase 3 clinical trial evaluating zigakibart for the treatment of IgA nephropathy, focusing on proteinuria reduction and kidney function preservation.

How does Chinook Therapeutics develop its medicines?

Chinook leverages single-cell RNA sequencing and data from CKD patient cohorts to identify key targets and develop precision medicines.

Where can I find more information about Chinook Therapeutics?

You can find more information on their official website at www.chinooktx.com.

What are the goals of Chinook Therapeutics' clinical programs?

The goals are to provide innovative treatments for rare and severe chronic kidney diseases with well-defined clinical pathways.

What are the potential benefits of Chinook's drug candidates?

Their drug candidates aim to reduce proteinuria, preserve kidney function, and potentially modify disease progression.

How does Chinook Therapeutics contribute to kidney disease treatment?

Chinook contributes by developing targeted therapies based on a deep understanding of kidney disease biology and patient stratification.

What is the significance of CHK-336?

CHK-336 is an oral LDHA inhibitor with potential to treat hyperoxalurias and other kidney stone disorders by decreasing oxalate production.