CinCor Pharma, Inc.

CinCor Pharma, Inc.

CINC
CinCor Pharma, Inc.US flagNASDAQ Global Market
29.06
USD
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- -
1.27BMarket Cap
CinCor Pharma, Inc.
CINC
(NASDAQ Global Market)

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Business
CinCor Pharma, Inc. (NASDAQ: CINC) is a clinical-stage biopharmaceutical company focused on developing novel treatments for cardio-renal diseases, including resistant and uncontrolled hypertension, primary aldosteronism, and chronic kidney disease. The company, founded in 2018 and headquartered in Waltham, Massachusetts, advances baxdrostat (CIN-107), a highly selective oral small molecule inhibitor of aldosterone synthase targeting the enzyme responsible for aldosterone synthesis while sparing the cortisol pathway; it operates primarily in the United States with clinical trials evaluating baxdrostat across multiple indications such as treatment-resistant hypertension (Phase 2 BrigHTN trial topline data reported), uncontrolled hypertension (Phase 2 HALO trial), primary aldosteronism (ongoing Phase 2 Spark-PA trial), and chronic kidney disease (ongoing Phase 2 trial), with a Phase 3 trial planned for treatment-resistant hypertension. CinCor Pharma was spun out from CinRx Pharma, LLC in 2019; in February 2023, AstraZeneca completed its acquisition of CinCor for $1.3 billion upfront plus up to $500 million in contingent value rights tied to regulatory milestones, totaling approximately $1.8 billion, after which CinCor's shares were delisted from Nasdaq and it now operates as a subsidiary of AstraZeneca, bolstering the acquirer's cardiorenal pipeline with baxdrostat's potential for combination therapies.

Company News

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  • SHAREHOLDER ALERT: Weiss Law Investigates CinCor Pharma, Inc.

  • Why Is CinCor (CINC) Stock Up 138% Today?

  • AstraZeneca to acquire CinCor for US$1.8bn

  • AstraZeneca to Buy CinCor Pharma in $1.8 Billion Deal

  • AstraZeneca to buy U.S.-based CinCor Pharma in $1.8 bln deal

  • These Were the 5 Best and Worst Performing Small-Cap Stocks in November 2022

  • CinCor (CINC) Tanks Due to Dismal Data on Hypertension Drug

  • CinCor's hypertension drug misses primary endpoint in mid-stage study

  • CinCor Pharma to Present at Upcoming Piper Sandler and Evercore ISI Investor Conferences

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  • CinCor Pharma to Participate at Upcoming September Investor Conferences

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  • CinCor Pharma Begins Patient Dosing In Midstage Hypertension, Kidney Disease Study

  • CinCor Pharma to Present at the Jefferies Healthcare Conference

  • CinCor Pharma to Present at Upcoming Investor Conferences

  • CinCor Pharma to Report Fourth Quarter and Full Year 2021 Financial Results and Host Conference Call on March 22, 2022

  • CinCor Pharma to Present at the 32nd Annual Oppenheimer Healthcare Conference

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