Crinetics Pharmaceuticals(CRNX)
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Crinetics Pharmaceuticals to Participate in Two Upcoming Investor Conferences in March
Globenewswire· 2026-02-05 21:05
Core Insights - Crinetics Pharmaceuticals, Inc. will participate in two upcoming investor conferences, providing opportunities for 1x1 meetings with management [1][2] - The company focuses on transforming the treatment of endocrine diseases and related tumors through innovative therapies [3] - Crinetics' lead product, PALSONIFY™ (paltusotine), is the first oral treatment approved by the U.S. FDA for acromegaly, with additional programs in development for various endocrine conditions [4] Group 1: Upcoming Events - Crinetics will attend the TD Cowen 46 Annual Health Care Conference in Boston on March 4, 2026, with a fireside chat scheduled for 1:50 p.m. Eastern Time [1] - Management will also be available for 1x1 meetings on March 4, 2026, and at the Leerink Annual Global Healthcare Conference in Miami on March 11, 2026 [1] Group 2: Company Overview - Crinetics Pharmaceuticals is dedicated to discovering, developing, and commercializing novel therapies targeting G-protein coupled receptors (GPCRs) [3] - The company has a pipeline of over 10 disclosed programs, including late-stage candidates for congenital adrenal hyperplasia and ACTH-dependent Cushing's syndrome [4] - Additional discovery programs address various endocrine conditions such as Graves' disease, polycystic kidney disease, and GPCR-targeted oncology indications [4]
Crinetics Pharmaceuticals to Report Fourth Quarter and Full Year 2025 Financial Results on February 26, 2026
Globenewswire· 2026-01-26 22:00
Core Insights - Crinetics Pharmaceuticals, Inc. will report its fourth quarter and full year 2025 financial results on February 26, 2026, after market close, followed by a conference call at 4:30 p.m. ET to discuss the results and provide a business update [1]. Company Overview - Crinetics Pharmaceuticals is a global pharmaceutical company focused on transforming the treatment of endocrine diseases and related tumors through patient-centered science [4]. - The company specializes in discovering, developing, and commercializing novel therapies, particularly targeting G-protein coupled receptors (GPCRs) with small molecules [4]. Product Pipeline - Crinetics' lead product, PALSONIFY™ (paltusotine), is the first once-daily oral treatment approved by the U.S. FDA for adults with acromegaly who have had an inadequate response to surgery or for whom surgery is not an option [5]. - Paltusotine is also in clinical development for carcinoid syndrome associated with neuroendocrine tumors [5]. - The company has a deep pipeline of over 10 disclosed programs, including late-stage investigational candidate atumelnant for congenital adrenal hyperplasia and ACTH-dependent Cushing's syndrome, and CRN09682, a nonpeptide drug conjugate for treating SST2 expressing neuroendocrine tumors and other solid tumors [5]. - Additional discovery programs target various endocrine conditions such as Graves' disease, polycystic kidney disease, hyperparathyroidism, diabetes, obesity, and GPCR-targeted oncology indications [5].
Crinetics Initiates Phase 2/3 Pediatric Trial Evaluating Atumelnant in Congenital Adrenal Hyperplasia (CAH)
Globenewswire· 2026-01-22 21:05
Core Insights - Crinetics Pharmaceuticals has initiated the BALANCE-CAH Phase 2/3 trial for atumelnant, a novel ACTH receptor antagonist aimed at treating classic congenital adrenal hyperplasia (CAH) in children and adolescents [1][2] Group 1: Study Overview - The BALANCE-CAH trial is designed to evaluate the safety, efficacy, and pharmacokinetics of atumelnant in pediatric patients with CAH, addressing a significant unmet medical need [2][3] - The study consists of three parts: Part A is a Phase 2 open-label dose-ranging study, Part B is a Phase 3 double-blind randomized placebo-controlled study, and Part C is an open-label extension [3] Group 2: Atumelnant Details - Atumelnant is the first and only small molecule ACTH receptor antagonist in late-stage clinical development, specifically targeting the melanocortin type 2 receptor (MC2R) to block excess androgen production [2][4] - Preclinical studies have shown that atumelnant has a strong binding affinity for MC2R and has demonstrated significant reductions in key CAH biomarkers, indicating its potential to transform care for individuals with CAH [4] Group 3: Company Background - Crinetics Pharmaceuticals focuses on developing novel therapies for endocrine diseases and related tumors, with expertise in targeting G-protein coupled receptors (GPCRs) [5] - The company’s lead product, PALSONIFY™ (paltusotine), is the first once-daily oral treatment approved for adults with acromegaly, and it has a robust pipeline of over 10 programs, including atumelnant [6]
Jim Cramer on Crinetics: “That’s a Better Spec Than Aquestive”
Yahoo Finance· 2026-01-22 08:09
Company Overview - Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) specializes in developing oral drugs for rare hormonal diseases and tumors, with its lead candidate, Paltusotine, currently in Phase 3 trials for acromegaly and carcinoid syndrome [2] - The company's portfolio also includes treatments for conditions such as Cushing's disease and obesity [2] Investment Insights - Jim Cramer highlighted CRNX as a stock to consider, noting that Goldman Sachs has issued a Buy recommendation, indicating a positive outlook from a major financial firm [1] - Cramer emphasized that CRNX, priced at $55, is a more substantial investment compared to lower-priced stocks, suggesting that investors should focus on the company's fundamentals rather than just the stock price [1]
‘Markets Climb Wall-of-Worry’: Oppenheimer Sees Resilience Driving 2026 and Suggests 2 Stocks to Buy
Yahoo Finance· 2026-01-17 11:03
Company Overview - Amprius Technologies specializes in high-energy-density, high-capacity lithium-ion batteries utilizing silicon anodes, positioning itself to lead in the electric power economy shift [2][6] - The company claims to offer batteries with the highest energy density on the market, long life cycles, and ultra-fast charging times, while ensuring safety through rigorous testing [1][6] Financial Performance - In its 3Q25 report, Amprius reported a record revenue of $21.4 million, exceeding forecasts by $4.6 million, and reflecting a 172% year-over-year increase [8] - The company experienced a net loss of 3 cents per share, which was better than expected, and its stock has risen 187.5% over the past 12 months [8] Product Features - Amprius batteries provide 100% longer running times, operate within a temperature range of -30 to +60 degrees Celsius, support over 1,300 lifetime charge cycles, and can charge to 80% capacity in just 6 minutes [6] - The batteries are designed for diverse applications, including manned and unmanned aircraft, light electric vehicles, and AI and robotics [6] Leadership Transition - As of January 1, Tom Stepien has taken over as CEO, transitioning from his previous role as President, while former CEO Dr. Kang Sun remains as an Executive Advisor [7] Market Position and Strategy - Analyst Colin Rusch notes that Amprius is entering a new phase with a focus on long-term pricing strategies and has over 2GWh of manufacturing capacity, which aligns with the US National Defense Authorization Act [9] - The company is expected to announce significant new customers, leveraging its lead in high-density, lightweight battery technology for aerospace and defense applications [9] Analyst Ratings - Rusch rates AMPX stock as Outperform (Buy) with a price target of $17, indicating a potential one-year gain of 67.5% [10] - The stock has a Strong Buy consensus based on 7 positive reviews, with an average target price suggesting a 69% upside [10]
Goldman Sachs Upgrades Crinetics Pharmaceuticals, Inc. (CRNX) To Buy From Neutral
Yahoo Finance· 2026-01-15 16:35
Core Insights - Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) is recognized as one of the top 14 booming stocks to buy currently, with Goldman Sachs upgrading its rating to Buy from Neutral and setting a price target of $67 [1][2] Group 1: Stock Ratings and Price Targets - Goldman Sachs analyst Richard Law upgraded CRNX to Buy from Neutral following positive trial results for atumelnant, which showed a 67% reduction in A4 in Cohort 4, consistent with earlier cohorts [2] - Citizens analyst Jonathan Wolleben slightly reduced the price target for CRNX to $105 from $108 while maintaining an Outperform rating [3] Group 2: Product Performance and Revenue - A survey of American endocrinologists indicated a 'positive early experience' with Crinetics' drug Palsonify for treating acromegaly, supporting a preliminary net product revenue of over $5 million for Q4 [4] - Citizens anticipates that Palsonify will continue to exceed expectations through 2026 [5] Group 3: Analyst Consensus and Market Outlook - Wall Street analysts maintain a bullish outlook on CRNX, with a consensus Strong Buy rating and a one-year average price target of $88.64, indicating an upside potential of 60.14% as of January 12 [5]
Crinetics Pharmaceuticals, Inc. (CRNX) Presents at 44th Annual J.P. Morgan Healthcare Conference - Slideshow (NASDAQ:CRNX) 2026-01-14
Seeking Alpha· 2026-01-14 06:00
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Crinetics Pharmaceuticals(CRNX) - 2025 Q4 - Annual Results
2026-02-26 21:15
Commercial Execution and Market Potential - Palsonify demonstrated strong commercial execution with robust metrics, indicating a successful launch strategy[5] - The estimated acromegaly patient population includes 36,000 undiagnosed patients and 19,000 patients with no active treatment, highlighting significant market potential[8] - Preliminary net product revenue for Q2 2025 is expected to reflect strong adoption rates among patients and prescribers[9] - 81% of prior authorizations for Palsonify have a minimum duration of 300 days, indicating strong patient retention and commitment[9] - The company is actively pursuing market expansion strategies, including partnerships with specialty pharmacies and treatment centers[10] - Palsonify's phased launch aims to address a broader acromegaly patient population, with a focus on newly diagnosed and treatment-naïve patients[8] Atumelnant Clinical Development - Atumelnant shows a promising profile for treating Congenital Adrenal Hyperplasia (CAH), with over 750 weeks of cumulative patient exposure in clinical trials[14] - The company has engaged over 200 participants in the Atumelnant clinical development program, demonstrating significant interest and potential for future growth[14] - Atumelnant is currently in Phase 3 studies for the treatment of Congenital Adrenal Hyperplasia (CAH) and has demonstrated a rapid and sustained reduction of Androstenedione (A4) levels to normal[18] - The Phase 2 cohorts demonstrated normalization of A4 levels and improvement in clinical symptoms associated with CAH[18] - The company is conducting an open-label extension study to reflect real-life clinical management of CAH patients, allowing for flexibility in adjusting doses as necessary[23] - The company is focused on minimizing adverse effects related to glucocorticoid treatment, such as diabetes and weight gain, through the use of Atumelnant[18] Efficacy and Safety of Atumelnant - Phase 3 study design for Atumelnant is well-powered to achieve both glucocorticoid dose reduction and correction of hyperandrogenemia, enhancing confidence in its efficacy[14] - In Phase 2 studies, Atumelnant achieved a 67% reduction in A4 levels while maintaining glucocorticoid (GC) doses at physiologic levels, with 7 out of 8 patients reaching these levels by the end of treatment[22] - The investigational drug showed significant decreases in A4 levels across all dose cohorts, with reductions of 58% to 70% compared to baseline[20] - Atumelnant's dosing regimen includes a morning dose that has been shown to maintain robust A4 reduction while tapering GC doses[21] - The treatment aims to address hyperandrogenism symptoms, including infertility and excessive hair growth, while minimizing GC-related adverse effects[18] - Atumelnant continues to be well tolerated with no serious adverse events reported in Phase 2 studies, with a total of 38 participants enrolled[27] - In the OLE study, 7 participants treated for over 20 weeks showed no treatment-related severe adverse events, and 1 participant was treated for almost 6.5 years[27] - No hepatic transaminase adverse events were reported in Cohort 4 or the OLE study, reinforcing the safety profile of Atumelnant[30] Future Outlook and Catalysts - The company is poised to deliver multiple commercial and clinical catalysts in the next 24+ months, including FDA approvals and Phase 3 readouts[31] - The company aims to replicate the reduction of A4 levels while reducing glucocorticoid doses to physiological levels[30] - The Phase 2 data drives confidence in the Phase 3 study design and goals for Atumelnant[30] - The company plans to evaluate differences in A4 reduction between morning and evening dosing, with no observed differences to date[30] - The total patient exposure in the OLE study includes 25 participants, with varying doses of Atumelnant (8 at 40 mg, 14 at 80 mg, 3 at 120 mg)[27] - The company is actively enrolling subjects in the OLE study, with a total of 27 participants currently[27]
Crinetics Pharmaceuticals, Inc. (CRNX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-13 20:56
Core Insights - Crinetics has achieved significant milestones in 2025, marking it as a breakthrough year for the company [3] - The company successfully obtained approval for a broad label for Palsonify, aimed at treating acromegaly, coinciding with its PDUFA date [3] Company Development - Crinetics has evolved from discussing its first molecule, CRN808, to focusing on Palsonify and building a comprehensive pipeline and business [2] - The management emphasizes the transition from merely developing drugs to establishing a sustainable business model [2]
Crinetics Pharmaceuticals (NasdaqGS:CRNX) FY Conference Transcript
2026-01-13 18:47
Crinetics Pharmaceuticals FY Conference Summary Company Overview - **Company**: Crinetics Pharmaceuticals (NasdaqGS:CRNX) - **Date of Conference**: January 13, 2026 - **Key Speaker**: Scott Struthers, CEO Core Industry and Company Insights Achievements and Developments - **Palsinify Approval**: Received broad label approval for Palsinify for the treatment of acromegaly on its PDUFA date, marking a significant milestone for the company [3][7] - **Successful Launch**: The launch of Palsinify has been successful, with over 200 patients enrolled in the last quarter and more than 125 unique prescribers involved [8][9] - **Pipeline Expansion**: Positive phase two data reported for atumelnant, with ongoing phase three studies for carcinoid syndrome and new compound 9682 in phase one/two studies for neuroendocrine tumors (NETs) [3][4] Financial Position - **Funding**: The company has approximately $1.4 billion in the bank, providing a solid foundation for operations through 2030 [4] - **Revenue Generation**: Achieved over $5 million in revenue last year, with expectations for growth as Palsinify gains market acceptance [11] Patient Engagement and Market Strategy - **Patient Services**: Implemented a comprehensive patient services program, including a Quick Start program to facilitate access to Palsinify [10][13] - **Market Access**: Focus on expanding prescriber base and activating patients who have previously settled with their conditions [34][35] - **Payer Engagement**: Strong efforts to communicate the value of Palsinify to payers, with CVS Caremark covering over 27 million lives [36][38] Pipeline and Future Prospects Palsinify and Acromegaly - **Market Potential**: There are approximately 36,000 patients with acromegaly in the U.S., with only 3,000 currently on standard care, indicating significant room for growth [14][15] - **Blockbuster Potential**: The CEO expressed confidence that Palsinify could become a blockbuster drug, aiming to help more than 5,000 patients per $1 billion in revenue [15] Atumelnant and CAH - **Clinical Development**: Atumelnant is positioned as a treatment for congenital adrenal hyperplasia (CAH), with promising phase two data showing significant reductions in adrenal androgens [20][25] - **Patient Population**: Approximately 12,000 patients in the U.S. are affected by CAH, with a focus on achieving normal hormone levels through treatment [25] 9682 and Neuroendocrine Tumors - **New Platform**: 9682 is being developed as a drug targeting agent for SST2-positive expressing solid tumors, with a phase 1/2 trial currently underway [27][28] - **Market Opportunity**: There are 11,000-21,000 patients currently treated for neuroendocrine tumors, with many more not receiving treatment [28] Key Milestones and Future Outlook - **2030 Vision**: The company aims to emerge as a premier endocrinology business with two marketed products and four approved indications by 2030 [30] - **Clinical Pipeline**: Anticipates having seven clinical pipeline candidates in development, with ongoing investments in discovery labs [30] Additional Insights - **Patient-Centric Approach**: Emphasis on patient stories and experiences to enhance engagement and support for Palsinify [12][13] - **Regulatory Strategy**: The company is actively monitoring and managing clinical trials to ensure high-quality data and compliance [45][46] This summary encapsulates the key points from the Crinetics Pharmaceuticals FY Conference, highlighting the company's achievements, pipeline developments, financial position, and strategic outlook for the future.