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Class Action Filed Against Cytokinetics, Incorporated (CYTK) - November 17, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-10-01 12:45
NEW YORK , Oct. 1, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Cytokinetics, Incorporated ("Cytokinetics" or the "Company") (NASDAQ: CYTK) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cytokinetics investors who were adversely affected by alleged securities fraud between December 27, 2023 and May 6, 2025. ...
Cytokinetics (NasdaqGS:CYTK) Conference Transcript
2025-09-30 15:02
Summary of Cytokinetics Conference Call Company Overview - **Company**: Cytokinetics - **Focus**: Development of muscle-directed medicines, particularly for cardiovascular and neuromuscular diseases [2][3] Key Points Pipeline and Product Development - **Aficamten**: A cardiac myosin inhibitor pending FDA review, targeting obstructive hypertrophic cardiomyopathy (OHCM) [3][4] - **Sequoia Study**: Phase 3 pivotal study with promising results, NDA submission with a PDUFA date of December 26, 2023 [4][6] - **Maple Study**: Phase 3 study showing improvements in peak VO2 compared to standard care [6][7] - **Acacia Study**: Focused on non-obstructive HCM, results expected in the first half of 2026 [7][8] - **Other Myosin Modulators**: - **Omecamtiv Mecarbil**: For heart failure with reduced ejection fraction (HFrEF) - **Eulocamten**: For heart failure with preserved ejection fraction (HFpEF) [5] Financial Position - **Cash Position**: Approximately $1 billion in cash and equivalents as of June, with access to an additional $425 million from previous deals [8][9] - **Refinancing**: Completed a $650 million refinancing to strengthen financial position [9] Market Strategy - **Target Market**: Specialty cardiology with high unmet needs, focusing on a concentrated customer segment [5][8] - **Commercialization Plans**: Aiming to build a specialty cardiology franchise over the next three to five years [8] Regulatory Expectations - **FDA Interactions**: Positive discussions regarding Aficamten's risk mitigation profile and potential labeling [10][11] - **Differentiation**: Aficamten expected to have a differentiated profile in terms of dosing and monitoring compared to existing therapies [11][19] Competitive Landscape - **Mavacamten**: First-in-class cardiac myosin inhibitor by Bristol Myers Squibb, currently capturing about 15% of diagnosed and treatment-eligible patients with OHCM [21][22] - **Market Growth**: Anticipation that Aficamten's approval could expand the cardiac myosin inhibitor market significantly [21][22] Clinical Data Insights - **Acacia Study Design**: Built on insights from previous studies, aiming for a positive outcome in non-obstructive populations [25][26] - **Patient Outcomes**: Previous studies showed significant improvements in functional class and NT-proBNP levels, indicating potential for positive results in Acacia [26][27] Conclusion - Cytokinetics is positioned to make significant advancements in the treatment of cardiac conditions with its innovative drug candidates, particularly Aficamten, while maintaining a strong financial foundation and strategic market approach [8][9][22]
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cytokinetics
Globenewswire· 2025-09-30 13:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Cytokinetics To Contact Him Directly To Discuss Their Options If you suffered losses in Cytokinetics between December 27, 2023 and May 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi ...
Shareholders who lost money in shares of Cytokinetics, Incorporated (NASDAQ: CYTK) Should Contact Wolf Haldenstein Immediately Lead Plaintiff Deadline is November 17, 2025
Globenewswire· 2025-09-29 20:21
Core Viewpoint - A securities class action lawsuit has been filed against Cytokinetics, alleging that the company made materially false and misleading statements regarding the New Drug Application (NDA) for aficamten, which could impact investors who acquired the company's securities during the specified class period [1][8]. Allegations - The lawsuit claims that Cytokinetics misrepresented the timeline for the NDA submission and approval process for aficamten, stating that FDA approval was expected in the second half of 2025 with a PDUFA date of September 26, 2025 [8]. - The company allegedly failed to disclose significant risks, particularly the non-submission of a required Risk Evaluation and Mitigation Strategy (REMS), which could lead to delays in regulatory approval [8]. Key Dates - Investors must contact the law firm before November 17, 2025, to be considered for the lead plaintiff motion deadline [4]. Law Firm Background - Wolf Haldenstein Adler Freeman & Herz LLP, established in 1888, has extensive experience in securities litigation and aims to protect the rights of investors who have suffered financial harm due to misrepresented statements [5].
Cytokinetics, Incorporated Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – CYTK
Globenewswire· 2025-09-29 20:08
NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Cytokinetics, Incorporated (NASDAQ: CYTK). Shareholders who purchased shares of CYTK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/cytokinetics-incorporated-loss-submission-form/?id=169623&from=3 CLASS ...
Cytokinetics Stock Scores RS Rating Jump To 83
Investors· 2025-09-29 19:19
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Cytokinetics (CYTK) stock cleared that benchmark Monday, with a jump from 78 to 83 Monday. Â Hone Your Stock-Picking Skills By Focusing On These Factors IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52… Related news Ginkgo Bioworks Holdings Stock Scores RS Rating Upgrade 9/29/2025Ginkgo Bioworks Holdings sees its Relative Strength Rating move into the elit ...
Class Action Filed Against Cytokinetics, Incorporated (CYTK) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-09-29 12:45
Accessibility StatementSkip Navigation NEW YORK, Sept. 29, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Cytokinetics, Incorporated (NASDAQ: CYTK). Shareholders who purchased shares of CYTK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/cytokinetics-incorporated-loss-su ...
Cytokinetics Presents New Data Related to Aficamten at the HFSA Annual Scientific Meeting 2025
Globenewswire· 2025-09-29 11:30
Core Insights - Aficamten shows significant improvements in exercise capacity and recovery compared to metoprolol in patients with obstructive hypertrophic cardiomyopathy (oHCM) and demonstrates long-term efficacy and tolerability in non-obstructive hypertrophic cardiomyopathy (nHCM) patients [1][2][6] Group 1: MAPLE-HCM Study Findings - Aficamten demonstrated a statistically significant improvement in peak oxygen uptake (pVO2) with a treatment difference of +2.3 mL/kg/min (p<0.001) compared to metoprolol [3] - Additional analyses revealed improvements in submaximal exercise performance, including anaerobic threshold (+76 mL, p<0.001) and aerobic efficiency (+0.8 mL/min/watt, p=0.004) [4][5] - Aficamten also improved post-exercise recovery metrics, with a faster VO2 recovery rate compared to metoprolol [3] Group 2: FOREST-HCM Study Findings - In the FOREST-HCM study, 79% of patients with nHCM improved by at least one NYHA Functional Class after 96 weeks of treatment, with 74% becoming asymptomatic [7] - Aficamten led to a mean increase of 11.2 points in the Kansas City Cardiomyopathy Questionnaire Clinical Summary Score (KCCQ-CSS) [7] - Cardiac biomarkers such as NT-proBNP and high-sensitivity cardiac troponin I showed significant declines by Week 12 and remained low through Week 96 [7] Group 3: Aficamten Overview - Aficamten is a selective cardiac myosin inhibitor designed to reduce myocardial hypercontractility associated with hypertrophic cardiomyopathy (HCM) [9] - The drug is currently under evaluation in multiple clinical trials, including ACACIA-HCM for nHCM and CEDAR-HCM for pediatric patients with oHCM [11] - Aficamten has received Breakthrough Therapy Designation from the FDA for symptomatic HCM and is undergoing regulatory review in the U.S., Europe, and China [13]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Cytokinetics, Incorporate of Class Action Lawsuit and Upcoming Deadlines - CYTK
Prnewswire· 2025-09-28 14:00
Core Viewpoint - A class action lawsuit has been filed against Cytokinetics, alleging securities fraud and unlawful business practices related to the company's New Drug Application for aficamten [1]. Summary by Relevant Sections Class Action Details - Investors are encouraged to contact Pomerantz LLP to join the class action, with a deadline to appoint a Lead Plaintiff by November 17, 2025 [1]. - The lawsuit centers on whether Cytokinetics and its officers engaged in fraudulent activities concerning their securities [1]. FDA Interaction and Stock Impact - On March 10, 2025, Cytokinetics announced that the FDA would not hold an advisory committee meeting for aficamten's NDA [1]. - The FDA extended the action date for aficamten's NDA from September 26, 2025, to December 26, 2025, due to the need for a Risk Evaluation and Mitigation Strategy (REMS) that was not included in the original NDA [1]. - Following this announcement, Cytokinetics' stock price dropped by $5.57, or 12.98%, closing at $37.35 on May 2, 2025 [1]. - On May 6, 2025, CEO Robert I. Blum revealed that the company had multiple pre-NDA meetings with the FDA but chose to submit the NDA without a REMS, leading to a further stock price decline of $2.70, or 7.36%, closing at $33.97 [1].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Cytokinetics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CYTK
Globenewswire· 2025-09-28 12:29
Core Viewpoint - A class action lawsuit has been filed against Cytokinetics, Inc. for allegedly making false and misleading statements regarding the New Drug Application (NDA) for aficamten, which may have caused investor losses during the specified Class Period from December 27, 2023, to May 6, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Cytokinetics misrepresented the expected timeline for FDA approval of aficamten, indicating it would occur in the second half of 2025, while failing to disclose risks related to the submission of a Risk Evaluation and Mitigation Strategy (REMS) [5]. - Investors who purchased Cytokinetics common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm, which has a strong track record in securities class actions, is representing the investors and encourages them to select qualified counsel with proven success [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been recognized for its leadership in securities class action settlements [4]. Group 3: Next Steps for Investors - Investors wishing to join the class action can do so by visiting the provided link or contacting the firm directly for more information [3][6]. - A lead plaintiff must be appointed by November 17, 2025, to represent the interests of the class members in the litigation [1][3].