KT

Kymera Therapeutics

KYMR
NASDAQHealth Care
$80.03
USD
-1.48(-1.82%)
At close: Apr 30, 15:49 UTC
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Open

$79.98

Prev. Close

$79.98

High

$80.03

Low

$79.98

Market Snapshot

Market Cap

$5.86B

P/E Ratio

-18.8

EPS

-2.98

Revenue

$47.07M

Employees

238

Why KYMR moved

Kymera Therapeutics receives FDA Fast Track designation for KT-621, advancing its collaboration with Gilead into Phase II trials, indicating significant progress in its drug development efforts.

About

Kymera Therapeutics, Inc. is a biopharmaceutical company, which engages in the discovery and development of small molecule therapeutics that degrade disease-causing proteins. The company is headquartered in Watertown, Massachusetts and currently employs 238 full-time employees. The company went IPO on 2020-08-21. The firm is focused on discovering and developing small molecule therapeutics that selectively degrade disease-causing proteins by harnessing the body’s own natural protein degradation system with a primary focus on immunology. The firm's targeted protein degradation (TPD) platform, which is a small molecule therapeutic modality that engages the body’s natural cellular recycling system to selectively eliminate disease-causing proteins. Its immunology programs target STAT6, IRF5 and IRAK4, each of which addresses targets within validated pathways, providing the opportunity to treat a broad range of diseases. The company is developing KT-621 as part of its STAT6 program, which is being evaluated in a Phase I clinical trial in healthy volunteers. The company is developing KT-579, which is an investigational, first-in-class, oral degrader of IRF5, a genetically validated transcription factor and a master regulator of immunity.

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