Cytokinetics drifts lower as CEO touts standalone strategy [Seeking Alpha]
Cytokinetics, Incorporated (CYTK)
Last cytokinetics, incorporated earnings: 3/3 04:00 pm
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US:NASDAQ Investor Relations:
ir.cytokinetics.com/investor-overview
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Source: Seeking Alpha
We don't deny the takeover speculation, "but at the same time we recognize that there are different ways we can maximize shareholder value that doesn't solely depend on M&A as an exit," Cytokinetics CEO Robert Blum said at a Leerink biopharma conference earlier on Monday. "We think we can get to a double and a triple potentially enhancing of shareholder value enabling those things that we can control ourselves, while also recognizing that we have an obligation and a fiduciary responsibility to that which is best-serving shareholders," Blum added. "So we'll respond to inquiries, but at the same time we'll manage those things that that we can manage." Blum's comments on Monday came after he said about a month ago at an Oppenheimer conference that the biotech company isn't conducting a sales process. Blum's remark Blum's follows months that Cytokinetics ( CYTK ) is a takeover target, especially after a WSJ report in January that Novartis ( NVS ) was in advanced talks to acquire the
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CYTK
News
- Cytokinetics Hosts Muscle Biology-Focused Research Symposium: Contemporary Landscapes in Muscle Biology [Yahoo! Finance]Yahoo! Finance
- Cytokinetics Hosts Muscle Biology-Focused Research Symposium: Contemporary Landscapes in Muscle BiologyGlobeNewswire
- Cytokinetics Announces Five Presentations Related to Aficamten at the European Society of Cardiology Congress 2024 [Yahoo! Finance]Yahoo! Finance
- Cytokinetics Announces Five Presentations Related to Aficamten at the European Society of Cardiology Congress 2024GlobeNewswire
- Cytokinetics, Incorporated (NASDAQ: CYTK) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $94.00 price target on the stock.MarketBeat
CYTK
Earnings
- 5/8/24 - Miss
CYTK
Sec Filings
- 5/17/24 - Form 8-K
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- CYTK's page on the SEC website