Kymera Therapeutics announces ongoing Phase 2b trials for KT-621 in asthma and atopic dermatitis, with data expected in 2027.
Quiver AI Summary
Kymera Therapeutics announced that KT-621, its first-in-class oral STAT6 degrader for treating moderate to severe eosinophilic asthma and atopic dermatitis, has received Fast Track designation from the FDA. The company is currently conducting two global Phase 2b clinical trials for KT-621, with results expected in late 2027 for asthma and mid-2027 for atopic dermatitis. Given the limitations of existing asthma therapies, KT-621 aims to provide a convenient oral treatment option. Preliminary findings suggest its potential to effectively reduce Type 2 inflammation and improve disease control. The Fast Track designation allows for closer collaboration with the FDA, potentially expediting KT-621’s development and approval for patients with Type 2 inflammatory diseases.
Potential Positives
- KT-621 received Fast Track designation from the FDA for moderate to severe eosinophilic asthma, potentially accelerating its development and approval process.
- The KT-621 Phase 2b trials for both asthma and atopic dermatitis are ongoing, with data expected to demonstrate its effectiveness by mid-2027 and late 2027, respectively.
- The drug has shown promising preclinical results with significant reductions in biomarkers of Type 2 inflammation, supporting its therapeutic potential across multiple Type 2-driven diseases.
- As the first-in-class oral STAT6 degrader, KT-621 could offer a novel treatment option that addresses existing gaps in asthma therapy, positioning Kymera as a leader in targeted protein degradation.
Potential Negatives
- Long timelines for data reporting, with the next significant updates on KT-621 not expected until mid-2027 and late 2027, which may lead to investor concerns about the pace of development.
- Potential risks associated with the Phase 2b trials, as results may differ from promising earlier data, creating uncertainty about the drug's future efficacy and safety.
- Disclosure of substantial uncertainties regarding the ability to successfully demonstrate safety and efficacy, which could affect investor confidence and stock performance.
FAQ
What is KT-621 and its purpose?
KT-621 is an investigational oral STAT6 degrader aimed at treating moderate to severe eosinophilic asthma and atopic dermatitis.
When will data from the KT-621 asthma trial be available?
The KT-621 BREADTH Phase 2b asthma trial data is expected to be reported in late 2027.
What designation has the FDA granted for KT-621?
KT-621 has received Fast Track designation from the FDA for treating moderate to severe atopic dermatitis.
How does KT-621 benefit asthma patients?
KT-621 offers a once-daily oral option, potentially improving disease control and reducing treatment burden.
What is the significance of Fast Track designation?
Fast Track designation allows for expedited development and review of therapies addressing serious conditions and unmet medical needs.
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.
$KYMR Insider Trading Activity
$KYMR insiders have traded $KYMR stock on the open market 93 times in the past 6 months. Of those trades, 2 have been purchases and 91 have been sales.
Here’s a breakdown of recent trading of $KYMR stock by insiders over the last 6 months:
- BROS. ADVISORS LP BAKER has made 2 purchases buying 2,005,813 shares for an estimated $172,499,918 and 0 sales.
- BRUCE BOOTH has made 0 purchases and 14 sales selling 236,588 shares for an estimated $21,699,043.
- NELLO MAINOLFI (Chief Executive Officer) has made 0 purchases and 11 sales selling 190,000 shares for an estimated $15,796,488.
- JEREMY G CHADWICK (Chief Operating Officer) has made 0 purchases and 19 sales selling 169,933 shares for an estimated $13,609,605.
- JARED GOLLOB (Chief Medical Officer) has made 0 purchases and 18 sales selling 122,505 shares for an estimated $9,134,595.
- PAMELA ESPOSITO has made 0 purchases and 12 sales selling 38,063 shares for an estimated $3,054,148.
- BRUCE N. JACOBS (Chief Financial Officer) has made 0 purchases and 7 sales selling 12,471 shares for an estimated $1,091,230.
- ELENA RIDLOFF has made 0 purchases and 3 sales selling 12,000 shares for an estimated $1,024,660.
- NOAH GOODMAN (Chief Business Officer) has made 0 purchases and 4 sales selling 10,264 shares for an estimated $897,782.
- JEFFREY W. ALBERS has made 0 purchases and 3 sales selling 10,000 shares for an estimated $744,772.
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$KYMR Hedge Fund Activity
We have seen 153 institutional investors add shares of $KYMR stock to their portfolio, and 87 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 3,048,963 shares (+51.9%) to their portfolio in Q4 2025, for an estimated $237,239,811
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,542,550 shares (-73.6%) from their portfolio in Q4 2025, for an estimated $197,835,815
- BAKER BROS. ADVISORS LP added 2,005,813 shares (+30.2%) to their portfolio in Q4 2025, for an estimated $156,072,309
- AVORO CAPITAL ADVISORS LLC added 1,124,747 shares (+17.7%) to their portfolio in Q4 2025, for an estimated $87,516,564
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,061,957 shares (+20.8%) to their portfolio in Q4 2025, for an estimated $82,630,874
- ALLIANCEBERNSTEIN L.P. added 903,296 shares (+1852.2%) to their portfolio in Q4 2025, for an estimated $70,285,461
- VANGUARD GROUP INC added 845,922 shares (+15.6%) to their portfolio in Q4 2025, for an estimated $65,821,190
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$KYMR Analyst Ratings
Wall Street analysts have issued reports on $KYMR in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 02/03/2026
- Stephens & Co. issued a "Overweight" rating on 12/11/2025
- Mizuho issued a "Outperform" rating on 12/11/2025
- JP Morgan issued a "Overweight" rating on 12/10/2025
- B of A Securities issued a "Buy" rating on 12/09/2025
- Leerink Partners issued a "Outperform" rating on 12/09/2025
- Citigroup issued a "Buy" rating on 12/09/2025
To track analyst ratings and price targets for $KYMR, check out Quiver Quantitative's $KYMR forecast page.
$KYMR Price Targets
Multiple analysts have issued price targets for $KYMR recently. We have seen 21 analysts offer price targets for $KYMR in the last 6 months, with a median target of $120.0.
Here are some recent targets:
- Faisal Khurshid from Jefferies set a target price of $110.0 on 03/16/2026
- David Dai from UBS set a target price of $128.0 on 03/03/2026
- Sudan Loganathan from Stephens & Co. set a target price of $100.0 on 03/02/2026
- Geoff Meacham from Citigroup set a target price of $120.0 on 03/02/2026
- Biren Amin from Piper Sandler set a target price of $140.0 on 02/26/2026
- Jeet Mukherjee from BTIG set a target price of $134.0 on 02/26/2026
- Etzer Darout from Barclays set a target price of $133.0 on 01/28/2026
Full Release
KT-621 BREADTH Phase 2b asthma trial ongoing, with data expected to be reported in late 2027
KT-621 BROADEN2 Phase 2b atopic dermatitis (AD) trial ongoing, with data expected by mid-2027
Fast Track designation previously granted for KT-621 for moderate to severe AD
WATERTOWN, Mass., April 13, 2026 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to KT-621, its first-in-class oral STAT6 degrader, for the treatment of moderate to severe eosinophilic asthma. KT-621 is currently being studied in two global Phase 2b studies, including for the treatment of moderate to severe eosinophilic asthma. While several therapies are approved for asthma, including inhalers and injectable biologics, there remains a significant unmet need for effective, safe, convenient oral therapies.
“Asthma is a chronic lung condition that can significantly disrupt daily life and, in severe cases, be life-threatening. Many patients with moderate to severe asthma have inadequately controlled disease despite available therapies, underscoring the need for novel treatment approaches,” said Jared Gollob, MD, Chief Medical Officer, Kymera Therapeutics. “As a once-daily oral therapy, KT-621 has the potential to reach more patients, reduce treatment burden, and improve disease control, while addressing persistent gaps in today’s treatment landscape. Receiving Fast Track designation provides an opportunity to work closely with the FDA and explore ways to potentially accelerate the development of KT-621, supporting the promise of this program.”
After demonstrating compelling efficacy in preclinical asthma models, KT-621 demonstrated substantial reductions in fractional exhaled nitric oxide (FeNO), a biomarker of Type 2 inflammation in the lungs, as well as improvement in asthma disease control (ACQ-5) in a subset of patients with comorbid asthma in the BroADen Phase 1b trial in atopic dermatitis patients. These early preclinical and clinical findings support systemic STAT6 degradation and modulation of Type 2 inflammation in the lungs and validate KT-621’s mechanistic breadth and potential to benefit patients across Type 2-driven diseases, including asthma. The KT-621 BREADTH Phase 2b trial in moderate to severe eosinophilic asthma is ongoing, with data expected to be reported in late 2027. Additionally, the KT-621 BROADEN2 Phase 2b trial in moderate to severe atopic dermatitis is ongoing, with data expected to be reported by mid-2027. These studies are intended to support accelerated development of KT-621 and enable dose selection for subsequent parallel Phase 3 registration studies across multiple Type 2 inflammatory diseases.
The FDA’s Fast Track process is designed to get important new medicines to patients more quickly, facilitating the development and expediting the review of therapies intended to treat serious conditions and address unmet medical needs. Companies whose programs are granted Fast Track designation are eligible for more frequent interactions with the FDA during clinical development and potentially accelerated approval and/or priority review, if relevant criteria are met. For more information on the Fast Track process, please visit the FDA’s official website .
About KT-621
KT-621 is an investigational, first-in-class, once daily, oral degrader of STAT6, the specific transcription factor responsible for IL-4/IL-13 signaling and the central driver of Type 2 inflammation. KT-621 is currently in Phase 2 clinical testing in
atopic dermatitis (AD) and asthma
. In the Phase 1 clinical study in AD patients, KT-621 demonstrated deep STAT6 degradation in blood and skin, robust reductions in disease-relevant Type 2 inflammatory biomarkers, meaningful improvements on clinical endpoints and patient-reported outcomes in AD and comorbid asthma and allergic rhinitis, and was well tolerated with a favorable safety profile. KT-621, the first STAT6-directed drug to enter clinical evaluation, has the potential to transform treatment for more than 140 million patients around the world living with Type 2 inflammatory diseases such as AD, asthma, chronic obstructive pulmonary disease (COPD), eosinophilic esophagitis (EoE), chronic rhinosinusitis with nasal polyps (CRSwNP), chronic spontaneous urticaria (CSU), prurigo nodularis (PN), and bullous pemphigoid (BP), among others.
About Asthma
Asthma is a chronic inflammatory lung disease characterized by airway swelling and narrowing, which can make breathing difficult and can be potentially life threatening. Symptoms can include shortness of breath, coughing, wheezing, and chest tightness or pain. While there are currently available medicines for asthma, such as inhalers and injectable biologics, there remains a significant unmet need and opportunity to improve treatment options for millions of patients. Learn more about asthma on
Kymera’s website
.
About Kymera Therapeutics
Kymera is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients’ lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston’s top workplaces for the past several years. For more information about our science, pipeline and people, please visit
www.kymeratx.com
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LinkedIn
.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements about our expectations regarding strategy, business plans and objectives on the development of KT-621, including the therapeutic potential, clinical benefits and safety thereof, the Phase 1b results providing further validation of KT-621 in AD and the potential clinical benefits of KT-621 in dermatology, gastroenterology and respiratory indications, the initiation of Phase 2b study of KT-621 in patients with asthma in the first quarter of 2026, the effect of initial parallel development of Phase 2b studies in AD and asthma patients on acceleration of late parallel development and dose selection across multiple indications, Phase 2b data readout of KT-621 in patients with moderate to severe AD expected by mid-2027. The words "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "expect," "estimate," "seek," "predict," "future," "project," "potential," "continue," "target," “upcoming” and similar words or expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from any forward-looking statements contained in this press release, including, without limitation, risks associated with: that the results from the Phase 2b KT-621 trial may differ from the Phase 1/1b KT-621 data, that preclinical and clinical data, including the results from the Phase 1/1b trial of KT-621, is not predictive of, may be inconsistent with, or more favorable than, data generated from future or ongoing clinical trials of the same product candidate, uncertainties inherent in the initiation, timing and design of future clinical trials, the availability and timing of data from ongoing and future clinical trials and the results of such trials, the ability to successfully demonstrate the safety and efficacy of drug candidates, the timing and outcome of planned interactions with and submissions to regulatory authorities, the availability of funding sufficient for our operating expenses and capital expenditure requirements and other factors. These risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in the most recent Quarterly Report on Form 10-Q and in subsequent filings with the SEC. In addition, any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We explicitly disclaim any obligation to update any forward-looking statements. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements.
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