Kura Oncology updates on ziftomenib's FDA review and ongoing trials, highlighting financial results and future milestones.
Quiver AI Summary
Kura Oncology, Inc. announced that the New Drug Application for ziftomenib in adults with relapsed/refractory NPM1-mutant acute myeloid leukemia (AML) is under FDA Priority Review, with a target action date set for November 30, 2025. The company is accelerating its Phase 3 KOMET-017 trials, which are assessing ziftomenib in combination with various chemotherapy regimens for frontline AML, targeting over half of AML patient populations. Kura also reported promising preliminary results from other clinical programs, including its farnesyl transferase inhibitors, darlifarnib and tipifarnib, in solid tumors. As of September 30, 2025, Kura had $609.7 million in pro forma cash, expected to support its ziftomenib program through pivotal results. Management will discuss these developments during a conference call scheduled for today at 8:00 a.m. ET.
Potential Positives
- New Drug Application for ziftomenib is under FDA Priority Review, indicating a streamlined review process and potential for faster approval.
- KOMET 017 Phase 3 trials for ziftomenib are accelerating, targeting more than 50% of AML patients, which could enhance the drug's market potential.
- Kura has $609.7 million in pro forma cash and anticipated collaboration payments, indicating strong financial support for ongoing and future clinical programs.
- Positive preliminary clinical data from ESMO 2025 regarding FTIs darlifarnib and tipifarnib shows promise in solid tumors, potentially broadening Kura's treatment options and market reach.
Potential Negatives
- Significant net loss of $74.1 million in the third quarter of 2025, representing an increase from a net loss of $54.4 million in the same quarter of 2024.
- Research and development expenses rose sharply to $67.9 million from $41.7 million year-over-year, indicating increasing costs without immediate revenue growth.
- Accumulated deficit increased to $1.09 billion, suggesting ongoing financial challenges and a need for continued funding to support operations and clinical trials.
FAQ
What is ziftomenib and its significance in AML treatment?
Ziftomenib is a menin inhibitor targeted for acute myeloid leukemia (AML), promising a best-in-class treatment option for patients.
When is the FDA expected to make a decision on ziftomenib?
The FDA has set a target action date of November 30, 2025, for the New Drug Application for ziftomenib.
What are the recent trial developments for ziftomenib?
Phase 3 KOMET-017 trials evaluating ziftomenib with chemotherapy are accelerating, addressing over 50% of AML patients.
What presentations are scheduled for ziftomenib at major oncology meetings?
Two oral presentations on ziftomenib's efficacy with venetoclax/azacitidine are scheduled for the ASH Annual Meeting in December 2025.
How is Kura Oncology financially positioned for the ziftomenib program?
Kura has $609.7 million in pro forma cash expected to support ziftomenib's development through key clinical results.
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 122 institutional investors add shares of $KURA stock to their portfolio, and 71 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 5 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
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 5 analysts offer price targets for $KURA in the last 6 months, with a median target of $30.0.
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
Full Release
– New Drug Application for ziftomenib in adults with R/R NPM1 -m AML remains under FDA Priority Review, with a PDUFA target action date of November 30, 2025 –
– KOMET 017 Phase 3 trials to evaluate ziftomenib in combination with intensive and non-intensive chemotherapy in frontline AML are accelerating; ziftomenib being investigated in settings representing more than 50% of AML patients –
– Two oral presentations at 2025 ASH Annual Meeting on ziftomenib in combination with venetoclax / azacitidine chemotherapy in frontline and R/R NPM1 -m AML –
– Clinical data at ESMO 2025 Congress highlight promise of second strategic program – FTIs darlifarnib and tipifarnib show promising safety profile and clinical activity with targeted therapies in solid tumors –
– $609.7 million in pro forma cash, together with anticipated collaboration payments, expected to support ziftomenib AML program through topline results in KOMET-017 –
– Management to host webcast and conference call today at 8:00 a.m. ET –
SAN DIEGO, Nov. 04, 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 reported third quarter 2025 financial results and provided a corporate update.
“Our momentum is accelerating across the ziftomenib program and our broader precision oncology pipeline,” said Troy Wilson, Ph.D., J.D., President and Chief Executive Officer. “With the initiation of the pivotal KOMET-017 Phase 3 trials, we are executing a robust, focused development strategy to unlock ziftomenib’s best-in-class potential across the continuum of unmet need in AML. Bolstered by a strong balance sheet and our productive partnership with Kyowa Kirin, we are well positioned to advance ziftomenib toward commercialization, accelerate our frontline Phase 3 trials and create enduring value across our pipeline for patients and other key stakeholders.”
Recent Highlights
-
In September 2025, we announced the first patient was dosed in the Phase 3
KOMET-017
trial of ziftomenib in frontline AML (
NCT07007312
). KOMET-017 comprises two global, randomized, double-blind, placebo-controlled trials to evaluate ziftomenib in combination with both intensive and non-intensive chemotherapy regimens in patients with newly diagnosed
NPM1
-m or
KMT2A
-rearranged (
KMT2A
-r) AML.
-
In October 2025, we announced the first patient was dosed in the FLT3 inhibitor cohort of the
KOMET-007
clinical trial (
NCT05735184
). The cohort evaluates ziftomenib combined with the FDA-approved FLT3 inhibitor, quizartinib, plus cytarabine and daunorubicin (7+3) induction chemotherapy in patients with newly diagnosed AML harboring
FLT3-ITD
/
NPM1
co-mutations.
-
In September 2025, the
Journal of Clinical Oncolog
y
published the full results from the pivotal KOMET-001 clinical trial (
NCT04067336
) evaluating ziftomenib as a monotherapy in adult patients with R/R
NPM1
-m AML. (
Reprint
)
-
Two abstracts featuring clinical data from ziftomenib in combination with venetoclax / azacitidine (ven/aza) chemotherapy in patients with newly diagnosed and R/R
NPM1
-m or
KMT2A
-r AML were accepted for
oral presentation
at the 67
th
Annual Meeting of the American Society of Hematology (ASH) to be held in December 2025. (
Abstract ID 764
;
Abstract ID 766
)
-
In October 2025, preliminary clinical data were presented at ESMO 2025, highlighting the potential of Kura’s farnesyl transferase inhibitors,
darlifarnib
(KO-2806) and tipifarnib, to enhance the anti-tumor activity of PI3Ka inhibitors, KRAS inhibitors and antiangiogenic tyrosine kinase inhibitors across a range of diverse tumor types by addressing a common resistance pathway.
-
Data from the FIT-001 Phase 1 trial evaluating darlifarnib and cabozantinib in patients with renal cell carcinoma (RCC) reflect a manageable safety profile across multiple dose levels of each agent, including at the full label dose of cabozantinib. Antitumor activity was observed across all dose combinations tested, including in patients with prior exposure to cabozantinib. The objective response rate (ORR) was 33-50% in ccRCC, and 17-50% in patients with prior cabozantinib exposure. (
Poster)
-
Data from the KURRENT-HN trial evaluating tipifarnib and alpelisib in patients with
PIK3CA
-dependent HNSCC also reflect a manageable safety profile. An ORR of 47% was observed at a dose of tipifarnib 1200 mg/day and alpelisib 250 mg/day. Robust antitumor activity was observed in a heavily pretreated patient population where clinical benefit is not expected from either alpelisib or tipifarnib as monotherapy. (
Poster)
-
Data from the FIT-001 Phase 1 trial evaluating darlifarnib and cabozantinib in patients with renal cell carcinoma (RCC) reflect a manageable safety profile across multiple dose levels of each agent, including at the full label dose of cabozantinib. Antitumor activity was observed across all dose combinations tested, including in patients with prior exposure to cabozantinib. The objective response rate (ORR) was 33-50% in ccRCC, and 17-50% in patients with prior cabozantinib exposure. (
Poster)
-
In October and November 2025, Kura received two $30 million
milestone payments
under its agreement with Kyowa Kirin in connection with first patient dosing in the pivotal KOMET-017 clinical trial of ziftomenib with intensive and non-intensive chemotherapy in patients with frontline AML.
Forecasted Milestones
-
Continued regulatory interactions with the FDA ahead of the November 30, 2025 PDUFA target action date for ziftomenib as a monotherapy for adult patients with relapsed or refractory
NPM1
-m AML.
- Present preliminary clinical data in newly diagnosed NPM1 -m AML and updated clinical data in R/R NPM1 -m and KMT2A -r AML from KOMET-007 cohorts evaluating ziftomenib in combination with ven/aza at ASH Annual Meeting to be held in December 2025.
- Present preliminary data from the KOMET-008 cohort evaluating ziftomenib in combination with the FLT3 inhibitor gilteritinib in patients with R/R NPM1 -m AML in 2026.
- Initiate FIT-001 Phase 1b expansion cohorts of darlifarnib and cabozantinib in patients with advanced RCC in the first half of 2026.
- Present updated dose-escalation data from the combination of darlifarnib and cabozantinib in patients with advanced RCC in 2026.
-
Present preliminary clinical data from the combination of darlifarnib and
adagrasib
in patients with
KRAS
G12C
-
mutated solid tumor indications in 2026.
Financial Results
- Collaboration revenue from our Kyowa Kirin partnership for the third quarter of 2025 was $20.8 million, compared to no revenue for the third quarter of 2024.
- Research and development expenses for the third quarter of 2025 were $67.9 million, compared to $41.7 million for the third quarter of 2024.
-
General and administrative expenses for the third quarter of 2025 were $32.8 million, compared to $18.2 million for the third quarter of 2024.
- Net loss for the third quarter of 2025 was $74.1 million, compared to a net loss of $54.4 million for the third quarter of 2024. Net loss for the third quarter included non-cash share-based compensation expense of $11.0 million, compared to $8.3 million for the same period in 2024.
- As adjusted for the two $30 million clinical trial milestone payments earned under our collaboration agreement with Kyowa Kirin, Kura had, on a pro forma basis, cash, cash equivalents and short-term investments of $609.7 million as of September 30, 2025.
-
Based on our current plans, we believe that our cash, cash equivalents and short-term investments as of September 30, 2025 will be sufficient to enable us to fund our current operating expenses into 2027, and, combined with anticipated funding under our collaboration agreement with Kyowa Kirin, should support our ziftomenib AML program through topline results from KOMET-017.
Conference Call and Webcast - Third Quarter 2025 Financial Results
Kura’s management will host a webcast and conference call at 8:00 a.m. ET / 5:00 a.m. PT today, November 4, 2025, to discuss the financial results for the third quarter of 2025 and to provide a corporate update. A live webcast and archived replay of the event will be available here or online from the investor relations section of the Company’s website at www.kuraoncology.com .
Conference Call and Webcast – ASH 2025 Annual Meeting
Kura plans to host a virtual analyst and investor event at 12:30 p.m. ET / 9:30 a.m. PT on Monday, December 8, 2025, to discuss the Company’s presentations from ziftomenib in combination with ven/aza chemotherapy in patients with newly diagnosed and R/R NPM1 -m or KMT2A -r AML at the 67 th Annual Meeting of the American Society of Hematology. A live webcast and archived replay of the event will be available online from the investor relations section of the Company’s website at www.kuraoncology.com .
About Kura Oncology
Kura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. The Company’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 it 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 statements regarding, among other things, ziftomenib’s best-in-class potential across the continuum of unmet need in AML; Kura’s ability to advance ziftomenib toward commercialization, accelerate our frontline Phase 3 trials and create enduring value for patients and other stakeholders; the potential duration of FDA’s review of the NDA; the potential FDA approval of product candidates; the success and impact of interactions with the FDA; continued regulatory interactions with the FDA; the efficacy, safety and therapeutic potential of Kura’s product candidates, ziftomenib, darlifarnib and tipifarnib; the expected timing of clinical trials; the expected timing and presentation of results and data from clinical trials; the strength of Kura’s balance sheet and the sufficiency of cash, cash equivalents and short-term investments to fund Kura’s current operating expenses into 2027 and, combined with anticipated funding under our collaboration agreement with Kyowa Kirin, to support Kura’s ziftomenib AML program through topline results from KOMET-017. Factors that may cause actual results to differ materially include risks associated with the commercialization of ziftomenib, 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, uncertainties associated with performing clinical trials, regulatory filings, and other interactions with regulatory bodies, risks associated with reliance on third parties to successfully conduct clinical trials, the risks associated with reliance on outside financing to meet capital requirements, 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 the Company faces, please refer to the Company'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.
FLT3, Fms-like tyrosine kinase 3; HNSCC, head and neck squamous cell carcinoma; KMT2A , lysine methyltransferase 2A; NPM1, nucleophosmin 1; R/R, relapsed / refractory; ven/aza, venetoclax / azacitidine.
| KURA ONCOLOGY, INC. | |||||||||||||||||||||||
| Statements of Operations Data | |||||||||||||||||||||||
| (unaudited) | |||||||||||||||||||||||
| (in thousands, except per share data) | |||||||||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||||||||
| September 30, | September 30, | ||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
| Collaboration revenue | $ | 20,750 | $ | — | $ | 50,146 | $ | — | |||||||||||||||
| Operating expenses | |||||||||||||||||||||||
| Research and development | 67,908 | 41,705 | 186,666 | 117,700 | |||||||||||||||||||
| General and administrative | 32,839 | 18,179 | 80,843 | 53,040 | |||||||||||||||||||
| Total operating expenses | 100,747 | 59,884 | 267,509 | 170,740 | |||||||||||||||||||
| Other income, net | 5,881 | 5,480 | 19,922 | 15,974 | |||||||||||||||||||
| Income tax expense | — | — | (226 | ) | — | ||||||||||||||||||
| Net loss | $ | (74,116 | ) | $ | (54,404 | ) | $ | (197,667 | ) | $ | (154,766 | ) | |||||||||||
| Net loss per share, basic and diluted | $ | (0.85 | ) | $ | (0.63 | ) | $ | (2.26 | ) | $ | (1.80 | ) | |||||||||||
| Weighted average number of shares used in computing net loss per share, basic and diluted | 87,645 | 86,950 | 87,550 | 85,834 | |||||||||||||||||||
| KURA ONCOLOGY, INC. | |||||||||||||||||||||||
| Balance Sheet Data | |||||||||||||||||||||||
| (unaudited) | |||||||||||||||||||||||
| (in thousands) | |||||||||||||||||||||||
| September 30, | December 31, | ||||||||||||||||||||||
| 2025 | 2024 | ||||||||||||||||||||||
| Cash, cash equivalents and short-term investments | $ | 549,665 | $ | 727,395 | |||||||||||||||||||
| Working capital | 499,359 | 666,117 | |||||||||||||||||||||
| Total assets | 649,381 | 760,159 | |||||||||||||||||||||
| Long-term liabilities | 285,535 | 267,807 | |||||||||||||||||||||
| Accumulated deficit | (1,093,089 | ) | (895,422 | ) | |||||||||||||||||||
| Stockholders’ equity | 242,542 | 413,640 | |||||||||||||||||||||
Contacts
Investors and media:
Greg Mann
858-987-4046
[email protected]