Cytokinetics, Incorporated
NASDAQCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert I. Blum
- Full Time Employees
- 673
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 350 Oyster Point Boulevard South San Francisco CA United States of America 94080
- IPO Date
- Apr 26, 2004
- CIK
- 0001061983
- Website
- cytokinetics.com
- Similar Companies
- Business
- Cytokinetics, Incorporated (Nasdaq: CYTK) is a late-stage biopharmaceutical company focused on discovering, developing, and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating cardiovascular and neuromuscular diseases in which muscle performance is compromised or declining; its lead candidate, aficamten, a next-in-class cardiac myosin inhibitor, advances in Phase 3 clinical trials for obstructive hypertrophic cardiomyopathy (oHCM, including monotherapy versus standard of care), pediatric oHCM, and non-obstructive HCM (nHCM), with additional Phase 2 development for heart failure with preserved ejection fraction (HFpEF) under the name ulacamten (CK-586); omecamtiv mecarbil, a cardiac myosin activator, progresses in Phase 3 for heart failure with reduced ejection fraction (HFrEF); the neuromuscular pipeline features CK-089, a fast skeletal muscle troponin activator, alongside additional skeletal muscle activators in research; and broader muscle biology-directed research targets energetics, growth, and metabolism of muscle. The company, founded in 1997 by pioneers in muscle biology and headquartered in South San Francisco, California, operates primarily in the United States with international partnerships extending to Greater China, Japan, and other regions through strategic alliances. Recent developments include a proposed $550 million private placement of convertible senior notes due 2031 in September 2025 to fund aficamten's potential commercial launch, expanded development, pipeline advancement, and debt refinancing; an expanded royalty financing agreement with Royalty Pharma providing up to $575 million, including $250 million upfront, to support aficamten commercialization and omecamtiv mecarbil's Phase 3 studies; and Sanofi's December 2024 acquisition of Corxel Pharmaceuticals' aficamten rights in Greater China, preserving Cytokinetics' eligibility for up to $150 million in milestones and low-to-high teen royalties on sales there.
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