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-0.0028208744710861 -0.00846262341325818 -0.00705218617771507 -0.00141043723554299 0.00282087447108598 0.00423131170662909 -0.0126939351198871 -0.0126939351198871
Stock impact report

Kyverna Therapeutics: Taking The Next Step In Autoimmune Cell Therapies [Seeking Alpha]

Kyverna Therapeutics, Inc. (KYTX) 
Company Research Source: Seeking Alpha
Phase 2 data for mivocabtagene autoleucel shows strong efficacy and favorable safety in autoimmune indications, supporting late-stage advancement. A recent $100 million public offering and an untapped $125 million loan facility extend KYTX's cash runway into 2027, enabling continued pipeline progress. The market currently values KYTX only slightly above cash, underappreciating miv-cel's commercial potential, especially if proof-of-concept approval is achieved. LumerB/iStock via Getty Images Topline Summary I've only had one look at Kyverna Therapeutics ( KYTX ), and at that time a year ago, I had some reservations about their timelines and cash burn, ultimately landing on a "Hold" sentiment at the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I Show less Read more
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