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-0.00190839694656489 -0.0024536532170119 -0.00490730643402398 -0.00545256270447099 0.00299890948745909 -0.00272628135223559 0.00708833151581257 0.0201744820065431
Stock impact report

Kymera (KYMR) Q1 Loss Narrower Than Expected, Pipeline in Focus [Yahoo! Finance]

Kymera Therapeutics, Inc. (KYMR) 
Company Research Source: Yahoo! Finance
In the year-ago quarter, Kymera reported a loss of 70 cents per share. Collaboration revenues totaled $10.3 million, which missed the Zacks Consensus Estimate of $12 million. Revenues increased 8.7% from the year-ago quarter's level. Collaboration revenues in the first quarter were attributable to the company's association with bigwig Sanofi SNY. Shares of KYMR have surged 42.6% year to date against the industry's decline of 7.6%. Image Source: Zacks Investment Research Quarter in Detail Research and development expenses amounted to $48.8 million, up 15.6% year over year. This was due to increased expenses related to the investment in the company's proprietary targeted protein degradation platform and discovery programs, as well as a rise in occupancy and related costs due to continued growth in the research and development organization. General and administrative expenses totaled $14.4 million, up 14.4% year over year due to an increase in legal and professional service Show less Read more
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