NT

Nektar Therapeutics

NKTR
NASDAQHealth Care
$85.43
USD
+2.23(+2.68%)
At close: Apr 30, 18:35 UTC
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Open

$85.43

Prev. Close

$85.47

High

$85.43

Low

$85.43

Market Snapshot

Market Cap

$1.69B

P/E Ratio

-8.1

EPS

-8.67

Revenue

$98.43M

Employees

63

Why NKTR moved

Nektar Therapeutics' stock fell 7.77% following the inclusion of four ineligible patients in a clinical trial, prompting a lawsuit against Chief Research Officer Jonathan Zalevsky.

About

Nektar Therapeutics is a biotechnology company, which engages in the discovery and development of novel therapies which selectively modulate the immune system to treat autoimmune disorders. The company is headquartered in San Francisco, California and currently employs 63 full-time employees. The company is focused on developing treatments that address the underlying immunological dysfunction in autoimmune and chronic inflammatory diseases. In oncology, it is focused on developing medicines based on targeting biological pathways that stimulate and sustain the body’s immune response to fight cancer. Its lead product candidate, rezpegaldesleukin (REZPEG, or NKTR-358), is a novel regulatory T cell stimulator being evaluated in two Phase IIb clinical trials, one in atopic dermatitis and one in alopecia areata. Its pipeline also includes a preclinical bivalent tumor necrosis factor receptor type II (TNFR2) antibody and bispecific programs, NKTR-0165 and NKTR-0166, and a modified hematopoietic colony stimulating factor (CSF) protein, NKTR-422. The company is also evaluating NKTR-255, an investigational IL-15 receptor agonist designed to boost the immune system's natural ability to fight cancer, in several ongoing clinical trials.

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