Cytokinetics(CYTK)
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Cytokinetics, Incorporated (CYTK) Poised for Market Share Gain with Myqorzo in Cardiac Myosin Space
Insider Monkey· 2026-02-19 19:41
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...
Cytokinetics Wins EU Approval for Cardiovascular Drug Myqorzo
ZACKS· 2026-02-18 15:35
Key Takeaways Cytokinetics won EC approval for Myqorzo to treat adults with symptomatic obstructive HCM.Myqorzo showed significant pVO2 improvement in the phase III SEQUOIA-HCM study at 24 weeks.CYTK now has approvals in the U.S., EU and China, targeting a sizable oHCM market opportunity.Cytokinetics, Incorporated (CYTK) announced that the European Commission (EC) has approved Myqorzo (aficamten), 5 mg, 10 mg, 15 mg and 20 mg tablets, for the treatment of adult patients with symptomatic obstructive hypertro ...
Truist Notes Operational Investments For Cytokinetics, Incorporated (CYTK) to Support Short-Term Growth
Yahoo Finance· 2026-02-18 06:11
Cytokinetics, Incorporated (NASDAQ:CYTK) is among the 15 Innovative Healthcare Stocks to Buy According to Analysts. Truist Notes Operational Investments For Cytokinetics, Incorporated (CYTK) to Support Short-Term Growth Cytokinetics, Incorporated (NASDAQ:CYTK) is one of the fifteen best healthcare stocks on our list. TheFly reported on February 3 that Truist raised its price target on CYTK to $92 from $84 and maintained a Buy rating. The company revised its model ahead of its Q4 results to account for t ...
Earnings Preview: Cytokinetics (CYTK) Q4 Earnings Expected to Decline
ZACKS· 2026-02-17 16:01
Core Viewpoint - Cytokinetics (CYTK) is anticipated to report a year-over-year decline in earnings due to lower revenues, with a consensus outlook indicating a quarterly loss of $1.48 per share, representing a 17.5% decrease from the previous year, and revenues expected to be $3.89 million, down 77% from the same quarter last year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for February 24, and the stock may rise if the reported numbers exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 1.25% lower in the last 30 days, reflecting a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Cytokinetics is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.95%, suggesting a bearish outlook from analysts [11]. - The stock currently holds a Zacks Rank of 3, making it challenging to predict a beat on the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Cytokinetics was expected to post a loss of $1.59 per share but actually reported a loss of -$1.54, resulting in a positive surprise of +3.14% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - While Cytokinetics does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].
Cytokinetics Announces European Commission Approval of MYQORZO® (aficamten) for the Treatment of Adults with Symptomatic Obstructive Hypertrophic Cardiomyopathy
Globenewswire· 2026-02-17 12:30
European Commission Approval Based on Results of SEQUOIA-HCM First European Launch Expected in Germany in Q2 2026 SOUTH SAN FRANCISCO, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that the European Commission (EC) has approved MYQORZO® (aficamten), 5 mg, 10 mg, 15 mg and 20 mg tablets for the treatment of symptomatic (New York Heart Association, NYHA, class II-III) obstructive hypertrophic cardiomyopathy (oHCM) in adult patients. MYQORZO is an allosteri ...
Cytokinetics to Announce Fourth Quarter Results on February 24, 2026
Globenewswire· 2026-02-12 21:00
Core Insights - Cytokinetics is set to report its fourth quarter results on February 24, 2026, at 4:00 PM Eastern Time, followed by a conference call at 4:30 PM to discuss financial results and business updates [1][2] Company Overview - Cytokinetics is a specialty cardiovascular biopharmaceutical company with over 25 years of experience in muscle biology, focusing on developing new medicines for cardiac muscle dysfunction [3] - The company’s MYQORZO™ (aficamten) is approved for treating adults with symptomatic obstructive hypertrophic cardiomyopathy (HCM) and has received positive recommendations for marketing authorization in the European Union, with a decision expected in the first quarter of 2026 [3] - Cytokinetics is also developing omecamtiv mecarbil, an investigational cardiac myosin activator for heart failure with severely reduced ejection fraction, and ulacamten, an investigational cardiac myosin inhibitor for heart failure with preserved ejection fraction [3]
Cytokinetics Announces Recipients of Its Eighth Annual Communications Grant Program
Globenewswire· 2026-02-09 12:30
Core Insights - Cytokinetics has awarded grants to two patient advocacy organizations to enhance communication and community outreach for hypertrophic cardiomyopathy (HCM) [2][3] Group 1: Grant Recipients and Initiatives - Camp Taylor received a grant to produce "Living with HCM: Youth Voices from Camp Taylor," a digital initiative that includes a five-part video series and an information toolkit aimed at educating families about HCM [4] - The Canadian Sudden Arrhythmia Death Syndromes (SADS) Foundation will develop "Think. Know. Act.: Cardiomyopathy Awareness in Canada," a six-month digital campaign to raise awareness of HCM symptoms and management among Canadian families [5] Group 2: Purpose and Impact of the Grant Program - The Cytokinetics Communications Grant Program aims to support patient advocacy organizations by providing resources for communications and outreach initiatives that are otherwise difficult to implement [6] - The program has been active for eight years, focusing on increasing awareness and community engagement for patient communities [6] Group 3: Company Overview - Cytokinetics is a specialty cardiovascular biopharmaceutical company with over 25 years of experience in muscle biology and a pipeline of potential new medicines for cardiac muscle dysfunction [7] - The company’s product MYQORZO™ (aficamten) is approved for treating adults with symptomatic obstructive HCM, with positive opinions for marketing authorization in the European Union expected in early 2026 [7][8]
Cytokinetics, Incorporated (CYTK): A Bull Case Theory
Yahoo Finance· 2026-02-04 01:55
Core Thesis - Cytokinetics, Incorporated is positioned favorably in the biopharma sector with a focus on developing drugs targeting cardiac myosin for muscle diseases, particularly hypertrophic cardiomyopathy (HCM) and chronic heart failure (CHF) [2][3] Drug Pipeline - The company’s lead drug, Aficamten, is a selective cardiac myosin inhibitor aimed at treating obstructive HCM (oHCM) by improving heart muscle relaxation and reducing outflow obstruction [3] - Clinical trials (SEQUOIA-HCM and MAPLE-HCM) indicate that Aficamten significantly enhances exercise capacity and quality of life while demonstrating a strong safety profile compared to metoprolol [3] Competitive Advantage - Aficamten is expected to be a next-in-class therapy with advantages over Bristol Myers Squibb's Camzyos, including fewer side effects and faster dose titration [4] - The drug is priced at approximately $75,000–$90,000 per year, with peak sales projections of $3–4 billion globally due to underpenetrated HCM markets and rising diagnosis rates [4] Financial Position and Growth Potential - Following a funding deal with Royalty Pharma, Cytokinetics is well-capitalized to independently launch Aficamten and aims for profitability by 2026 [4] - The company has additional upside potential through ongoing developments in non-obstructive HCM and HFrEF, with key catalysts including a PDUFA decision in December 2025 and an ACACIA-HCM readout in early 2026 [5] Market Context - The investment thesis draws parallels with previous bullish perspectives on other biotech firms, emphasizing the unique positioning of Cytokinetics in the cardiac drug market [6]
Cytokinetics and Olympic Gold Medalist Sydney McLaughlin-Levrone Team Up to Raise Awareness of the Whole-Person Impact of Hypertrophic Cardiomyopathy (HCM)
Globenewswire· 2026-01-27 13:00
Core Insights - Cytokinetics has launched the "On Track with HCM" campaign to support the hypertrophic cardiomyopathy (HCM) community, featuring Sydney McLaughlin-Levrone and her father, Willie McLaughlin, who has lived with HCM for over two decades before receiving a heart transplant [1][2]. Company Commitment - The campaign is designed in collaboration with the HCM patient advocacy community to assist patients in managing the symptoms of HCM in their daily lives [2][4]. - Cytokinetics aims to address both clinical care and the human experience of living with HCM, empowering patients and their families to lead healthier lives [4]. HCM Overview - HCM is the most common inherited heart disease, affecting approximately 1 in every 350 people in the U.S., with many remaining undiagnosed [3][7]. - The disease can lead to serious complications such as atrial fibrillation, heart failure, and sudden cardiac arrest [3][6]. Educational Resources - The "On Track with HCM" program includes a website and eight original videos that share personal experiences and expert insights on managing HCM [2][4]. - The content covers various aspects of living with HCM, including fitness, nutrition, and the mind-body connection [5]. Cytokinetics' Product Pipeline - Cytokinetics is advancing its pipeline of potential new medicines for cardiac muscle dysfunction, including MYQORZO™ (aficamten), which is approved for treating symptomatic obstructive HCM [8]. - The company is also developing other investigational treatments for heart failure and continues research in muscle biology [8].
Cytokinetics Announces MYQORZO™ (aficamten) Now Available in the U.S. for the Treatment of Adults with Symptomatic Obstructive Hypertrophic Cardiomyopathy to Improve Functional Capacity and Symptoms
Globenewswire· 2026-01-27 12:30
Core Insights - MYQORZO™ (aficamten) has been approved by the U.S. FDA for the treatment of adults with symptomatic obstructive hypertrophic cardiomyopathy (oHCM), aimed at improving functional capacity and symptoms [1][4][5] - The drug is available in multiple dosages (5 mg, 10 mg, 15 mg, and 20 mg) and is a once-daily oral allosteric and reversible inhibitor of cardiac myosin motor activity, which reduces cardiac contractility and left ventricular outflow tract (LVOT) obstruction in patients with oHCM [2][17] Company Overview - Cytokinetics is a specialty cardiovascular biopharmaceutical company with over 25 years of experience in muscle biology, focusing on developing new medicines for cardiac muscle dysfunction [21] - The launch of MYQORZO marks a significant milestone for Cytokinetics, reflecting its commitment to patients and the culmination of extensive scientific and clinical development efforts [3][21] Product Details - MYQORZO is indicated specifically for adults with symptomatic oHCM, and it works by inhibiting cardiac myosin to alleviate symptoms associated with the condition [5][17] - The drug has been engineered for predictable exposure response, rapid onset of action, and reversibility, making it a novel treatment option for patients [17] Clinical and Safety Information - The approval of MYQORZO was based on positive results from the pivotal Phase 3 clinical trial, SEQUOIA-HCM, published in the New England Journal of Medicine [4] - Important safety information includes a boxed warning for the risk of heart failure due to reduced left ventricular ejection fraction (LVEF), necessitating regular echocardiogram assessments during treatment [6][9][10] Distribution and Support Programs - MYQORZO is available through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the MYQORZO REMS Program, which includes specific requirements for prescribers, patients, and pharmacies [11][15] - Cytokinetics has established a personalized support program, MYQORZO & You™, to assist patients in navigating their treatment journey and provide education and financial assistance [4][21]