Cytokinetics

Cytokinetics

Develops drugs for muscle function disorders

About Cytokinetics

Simplify's Rating
Why Cytokinetics is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

501-1,000

Company Stage

IPO

Headquarters

South San Francisco, California

Founded

1998

Overview

Cytokinetics focuses on developing medicines to improve muscle function for patients with cardiovascular and neuromuscular diseases, such as heart failure, hypertrophic cardiomyopathy, amyotrophic lateral sclerosis, and spinal muscular atrophy. The company creates small molecule drugs that either enhance or inhibit muscle function based on the specific needs of the condition being treated. Its product pipeline includes several drugs currently in clinical trials, such as omecamtiv mecarbil and reldesemtiv. Cytokinetics distinguishes itself from competitors by its dedicated focus on muscle-related diseases and its extensive experience in conducting clinical trials. The company's goal is to bring effective treatments to market that address the unmet medical needs of patients suffering from debilitating muscle conditions.

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Simplify's Take

What believers are saying

  • Increased focus on personalized medicine aligns with Cytokinetics' tailored treatment approach.
  • AI in drug discovery could enhance Cytokinetics' R&D efficiency and reduce time to market.
  • FDA initiatives expedite approval for rare disease drugs, benefiting Cytokinetics' pipeline.

What critics are saying

  • Increased competition from Imbria Pharmaceuticals may impact Cytokinetics' market share.
  • Sanofi's rights to Aficamten in Greater China may limit Cytokinetics' market access.
  • Public offering at $51/share may dilute existing shareholder value and affect stock performance.

What makes Cytokinetics unique

  • Cytokinetics focuses on first-in-class muscle activators and next-in-class muscle inhibitors.
  • The company targets cardiovascular and neuromuscular diseases with unmet medical needs.
  • Cytokinetics has a robust pipeline including omecamtiv mecarbil and reldesemtiv.

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Funding

Total Funding

$1660.5M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↓ -1%
GlobeNewswire
Apr 10th, 2025
Imbria Pharmaceuticals Raises $57.5M Series B Financing Round and Appoints Alvin Shih, MD as CEO

– Led by new investor Deep Track Capital, with participation from AN Ventures, Catalio Capital Management, Cytokinetics, Inc. and existing investors RA...

Here Novi
Mar 21st, 2025
Cytokinetics Launches EARTH-HCM for Hypertrophic Cardiomyopathy Awareness

Cytokinetics launches EARTH-HCM for hypertrophic cardiomyopathy awareness.

Investing.com
Mar 20th, 2025
Cytokinetics launches interactive HCM public health tool

Cytokinetics launches interactive HCM public health tool.

Medical Update Online
Mar 19th, 2025
Cytokinetics to present new findings on Aficamten and hypertrophic cardiomyopathy at ACC 2025

Cytokinetics to present new findings on Aficamten and hypertrophic cardiomyopathy at ACC 2025.

Stock Titan
Jan 6th, 2025
Cytokinetics to Present at the 43rd Annual J.P. Morgan Healthcare Conference

SOUTH SAN FRANCISCO, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) - Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that Robert I. Blum, President and Chief Executive Officer, is scheduled to present at the 43rd Annual J.P. Morgan Healthcare Conference on Monday, January 13, 2025 at 9:00 AM Pacific Time in the Borgia Room of the Westin St. Francis Hotel in San Francisco, CA.

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Cytokinetics is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Cytokinetics's jobs every few hours, so check again soon! Browse all jobs →

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