Kura Oncology announces $30 million milestone following first patient dosing in Phase 3 AML trial for ziftomenib.
Quiver AI Summary
Kura Oncology, Inc. announced a $30 million milestone payment received from Kyowa Kirin following the dosing of the first patient in the KOMET-017 Phase 3 clinical trials for ziftomenib, a potential treatment for acute myeloid leukemia (AML). This program is notable for being the only menin inhibitor pursuing registrational trials in both intensive and non-intensive chemotherapy settings. The trials, which began on September 29, 2025, aim to evaluate ziftomenib in patients with specific genetic mutations linked to AML. Kura's focus is on developing precision medicines targeting cancer pathways to address critical needs in hematologic malignancies and solid tumors. The company emphasizes the risks associated with drug development and the uncertainties in achieving regulatory approvals.
Potential Positives
- Kura Oncology received a $30 million milestone payment due to the dosing of the first patient in the KOMET-017 Phase 3 clinical trial for ziftomenib.
- The KOMET-017 trial is notable for being the only menin inhibitor program pursuing registrational trials in both intensive and non-intensive chemotherapy settings for AML.
- This advancement highlights Kura's commitment to precision medicine in cancer treatment, positioning the company as a leader in the development of targeted therapies for acute myeloid leukemia.
Potential Negatives
- The press release implies that the company's future success is uncertain, as highlighted by the emphasis on risks and uncertainties associated with clinical trials and regulatory approvals.
- The company is reliant on its partnership with Kyowa Kirin, and any failure in this collaboration may negatively impact its prospects.
- Forward-looking statements in the release suggest that the outcomes of the trials and the therapeutic potential of ziftomenib are still unproven, raising concerns about the viability of Kura's pipeline.
FAQ
What milestone did Kura Oncology achieve recently?
Kura Oncology received a $30 million milestone payment after dosing the first patient in the KOMET-017 Phase 3 clinical trials.
What is ziftomenib?
Ziftomenib is an investigational oral menin inhibitor being evaluated for the treatment of acute myeloid leukemia (AML).
What are the KOMET-017 trials focused on?
The KOMET-017 trials aim to evaluate ziftomenib in combination with chemotherapy for patients with specific genetic mutations in AML.
What defines Kura Oncology's research focus?
Kura Oncology focuses on precision medicines targeting cancer signaling pathways and aims to address unmet needs in hematologic malignancies.
How can I find more information about Kura Oncology?
For more information, visit Kura's website at https://kuraoncology.com/ and follow them on X and LinkedIn.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KURA Insider Trading Activity
$KURA insiders have traded $KURA stock on the open market 11 times in the past 6 months. Of those trades, 3 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $KURA stock by insiders over the last 6 months:
- TROY EDWARD WILSON (President and CEO) has made 3 purchases buying 100,000 shares for an estimated $713,346 and 1 sale selling 36,615 shares for an estimated $327,418.
- MOLLIE LEONI (Chief Medical Officer) sold 12,314 shares for an estimated $110,114
- TERESA BROPHY BAIR (Chief Legal Officer) has made 0 purchases and 2 sales selling 10,364 shares for an estimated $88,027.
- BRIAN T. POWL (Chief Commercial Officer) sold 8,891 shares for an estimated $79,505
- KATHLEEN FORD (Chief Operating Officer) has made 0 purchases and 2 sales selling 8,450 shares for an estimated $71,407.
- THOMAS JAMES DOYLE (SVP, Finance & Accounting) sold 4,541 shares for an estimated $40,606
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KURA Hedge Fund Activity
We have seen 117 institutional investors add shares of $KURA stock to their portfolio, and 72 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RA CAPITAL MANAGEMENT, L.P. removed 4,004,610 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $23,106,599
- DEERFIELD MANAGEMENT COMPANY, L.P. removed 2,627,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $15,157,789
- ECOR1 CAPITAL, LLC added 1,559,702 shares (+59.1%) to their portfolio in Q2 2025, for an estimated $8,999,480
- BLACKROCK, INC. added 1,292,687 shares (+15.8%) to their portfolio in Q2 2025, for an estimated $7,458,803
- FRANKLIN RESOURCES INC removed 1,262,452 shares (-80.7%) from their portfolio in Q2 2025, for an estimated $7,284,348
- PROSIGHT MANAGEMENT, LP added 1,102,869 shares (+53.1%) to their portfolio in Q2 2025, for an estimated $6,363,554
- MILLENNIUM MANAGEMENT LLC added 811,983 shares (+44.9%) to their portfolio in Q2 2025, for an estimated $4,685,141
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$KURA Analyst Ratings
Wall Street analysts have issued reports on $KURA in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 10/20/2025
- HC Wainwright & Co. issued a "Buy" rating on 09/30/2025
- Cantor Fitzgerald issued a "Overweight" rating on 06/26/2025
- Wedbush issued a "Outperform" rating on 06/20/2025
- Mizuho issued a "Outperform" rating on 05/19/2025
- Barclays issued a "Overweight" rating on 05/02/2025
To track analyst ratings and price targets for $KURA, check out Quiver Quantitative's $KURA forecast page.
$KURA Price Targets
Multiple analysts have issued price targets for $KURA recently. We have seen 6 analysts offer price targets for $KURA in the last 6 months, with a median target of $29.0.
Here are some recent targets:
- Reni J. Benjamin from JMP Securities set a target price of $24.0 on 10/20/2025
- Joseph Pantginis from HC Wainwright & Co. set a target price of $40.0 on 10/20/2025
- Robert Driscoll from Wedbush set a target price of $36.0 on 06/20/2025
- Mara Goldstein from Mizuho set a target price of $30.0 on 05/19/2025
- Peter Lawson from Barclays set a target price of $11.0 on 05/02/2025
Full Release
- Milestone triggered by dosing of first patient in frontline AML Phase 3 clinical program-
SAN DIEGO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced receipt of a $30 million milestone payment under its collaboration agreement with Kyowa Kirin in connection with the dosing of the first patient in the KOMET-017 Phase 3 registrational trials of ziftomenib, a once-daily, investigational oral menin inhibitor. Kura and Kyowa Kirin announced the launch of the KOMET-017 trials on September 29, 2025.
KOMET-017 ( NCT07007312 ) comprises two independent, global, randomized double-blind, placebo-controlled Phase 3 trials to evaluate ziftomenib in combination with both intensive and non-intensive chemotherapy regimens in patients with newly diagnosed NPM1 -mutated ( NPM1- m) or KMT2A -rearranged ( KMT2A -r) acute myeloid leukemia (AML). Kura believes KOMET-017 is the only menin inhibitor program actively pursuing registrational trials across both intensive and non-intensive chemotherapy settings.
About Kura Oncology
Kura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. Kura’s pipeline of small molecule drug candidates is designed to target cancer signaling pathways and address high-need hematologic malignancies and solid tumors. Kura is developing ziftomenib, a menin inhibitor targeting certain genetic drivers of acute myeloid leukemias and continues to pioneer advancements in menin inhibition for acute leukemias and solid tumors and in farnesyl transferase inhibition to address mechanisms of adaptive and innate resistance in the treatment of solid tumors. For additional information, please visit the Kura website at
https://kuraoncology.com/
and follow us on
X
and
LinkedIn
.
Forward-Looking Statements
This news release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Such forward-looking statements include, among other things, statements regarding the therapeutic potential of ziftomenib and the KOMET-017 trial being the only menin inhibitor program actively pursuing registrational trials across both intensive and non-intensive chemotherapy settings. Factors that may cause actual results to differ materially include the risk that compounds that appeared promising in early research or clinical trials do not demonstrate safety and/or efficacy in later preclinical studies or clinical trials, the risk that Kura may not obtain approval to market its product candidates, uncertainties associated with performing clinical trials, regulatory filings, and other interactions with regulatory bodies, the risk that the collaboration with Kyowa Kirin is unsuccessful, and other risks associated with the process of discovering, developing and commercializing drugs that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs. You are urged to consider statements that include the words “may,” “will,” “would,” “could,” “should,” “believes,” “estimates,” “projects,” “promise,” “potential,” “expects,” “plans,” “anticipates,” “intends,” “continues,” “designed,” “goal,” or the negative of those words or other comparable words to be uncertain and forward-looking. For a further list and description of the risks and uncertainties Kura faces, please refer to Kura’s periodic and other filings with the Securities and Exchange Commission, which are available at www.sec.gov. Such forward-looking statements are current only as of the date they are made, and Kura assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Kura Contact
Investors and Media:
Greg Mann
858-987-4046
[email protected]