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Kymera Starts Phase 2b Asthma Trial Testing Oral STAT6 Degrader KT-621 [Yahoo! Finance]

Kymera Therapeutics, Inc. (KYMR) 
Company Research Source: Yahoo! Finance
Kymera Therapeutics started dosing patients in its BREADTH Phase 2b trial of KT-621, an oral STAT6 degrader, in moderate to severe eosinophilic asthma. KT-621 is also being evaluated in parallel for atopic dermatitis as part of a broader program in Type 2 inflammatory diseases. The trial marks a key clinical milestone for Kymera Therapeutics as it advances a first in class, oral approach targeting STAT6. Kymera Therapeutics, listed as NasdaqGM:KYMR, is drawing attention as it moves KT-621 into Phase 2b while its shares trade around $72.69. The stock has returned 3.9% over the past week and 83.6% over the past year, while the three year return is 95.7% and the five year return reflects a 6.3% decline. For investors, the start of this Phase 2b asthma trial adds another data point to watch alongside Kymera's broader Type 2 inflammation pipeline. Upcoming readouts from KT-621 and its atopic dermatitis program may influence how the market views the company's oral protein degrader Show less Read more
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