Cytokinetics: Aficamten Rolling NDA Submission Leads To Expansion Opportunities

Aug. 13, 2024 4:07 PM ETCytokinetics, Incorporated (CYTK) StockCYTK
Terry Chrisomalis
Investing Group Leader
(16min)

Summary

  • Cytokinetics, Incorporated's rolling submission completion of NDA of aficamten for the treatment of patients with obstructive hypertrophic cardiomyopathy is expected in Q3 of 2024.
  • Potential to expand the use of aficamten for patients with obstructive hypertrophic cardiomyopathy as a first-line therapy using phase 3 MAPLE-HCM study.
  • The global hypertrophic cardiomyopathy market is expected to reach $1.63 billion by 2030.
  • Ability to possibly obtain U.S. FDA approval of omecamtiv mecarbil for the treatment of patients with heart failure with reduced ejection fraction with confirmatory phase 3 trial.
  • Looking for more investing ideas like this one? Get them exclusively at Biotech Analysis Central. Learn More »

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Cytokinetics, Incorporated (NASDAQ:CYTK) is gearing up to complete its rolling NDA submission of aficamten for the treatment of patients with obstructive hypertrophic cardiomyopathy [oHCM] in Q3 of 2024. This presents itself as an opportunity because the announcement

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This article was written by

Terry Chrisomalis
13.36K Followers

Terry Chrisomalis is a private investor in the Biotech sector with years of experience utilizing his Applied Science background to generate long term value from Healthcare.

He is the author of the investing group Biotech Analysis Central which contains a library of 600+ Biotech investing articles, a model portfolio of 10+ small and mid-cap stocks with deep analysis for each, live chat, and a range of analysis and news reports to help Healthcare investors make informed decisions.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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