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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Kymera Therapeutics Inc | NASDAQ:KYMR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 36.01 | 14.48 | 36.20 | 0 | 11:34:07 |
By Dean Seal
Kymera Therapeutics said it has received orphan drug designation from regulators for its acute myeloid leukemia treatment.
The U.S. Food and Drug Administration has granted the designation for KT-253, which targets a crucial regulator of the most common tumor suppressor and has been shown to rapidly induce cancer cell death.
Orphan-drug designation is a special status given to drugs that show promise for potentially treating rare, or orphan, diseases that have fewer than 200,000 cases a year in the U.S.
Shares slipped 2% to $24.15 in premarket trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 22, 2023 09:06 ET (13:06 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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