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Stock impact report

Cytokinetics set to battle Bristol Myers as FDA approves heart drug [Yahoo! Finance]

Cytokinetics, Incorporated (CYTK) 
Last cytokinetics, incorporated earnings: 3/3 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cytokinetics.com/investor-overview
Company Research Source: Yahoo! Finance
The Food and Drug Administration has approved a new treatment for an inherited form of heart failure in a decision that also gives the medicine's maker, Cytokinetics, the first U.S. approval in its nearly three-decade history. The agency on Friday approved Cytokinetics' Myqorzo for adults with obstructive hypertrophic cardiomyopathy, a potentially deadly condition that impairs the heart's ability to pump blood. The drug has specifically been cleared to help improve functional capacity and symptoms in patients whose disease severity is categorized as “Class II” or Class III.” It will be available in the second half of January, according to the company. Myqorzo's prescribing information includes somewhat less restrictive risk mitigation measures than what's mandated for people taking Bristol Myers Squibb's Camzyos , the only other available medication for the disease. Wall Street analysts and investors were closely watching whether Myqorzo's' risk management protocol might be diffe Show less Read more
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