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 that improve muscle function for patients with cardiovascular and neuromuscular diseases. Their products are small molecule drugs designed to either enhance or inhibit muscle function, tailored to specific therapeutic needs. The company has a pipeline of drugs, including omecamtiv mecarbil and reldesemtiv, which are in various stages of clinical trials. Unlike many competitors, Cytokinetics emphasizes rigorous scientific research and has conducted over 50 clinical trials to ensure the effectiveness of its treatments. The goal of Cytokinetics is to bring new therapies to market that address the unmet needs of patients suffering from conditions like heart failure, ALS, and HCM.

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Simplify's Take

What believers are saying

  • Increased demand for targeted therapies aligns with Cytokinetics' muscle activators and inhibitors.
  • FDA initiatives expedite approval for rare disease drugs, benefiting Cytokinetics' ALS and SMA pipeline.
  • Collaborations with tech firms accelerate drug discovery, enhancing Cytokinetics' R&D efforts.

What critics are saying

  • Competition from similar biopharmaceuticals could impact Cytokinetics' market share and profitability.
  • Potential clinical trial delays due to regulatory scrutiny could hinder drug commercialization.
  • Sanofi's rights acquisition for Aficamten in China may affect Cytokinetics' market strategy.

What makes Cytokinetics unique

  • Cytokinetics focuses on muscle activators and inhibitors for cardiovascular and neuromuscular diseases.
  • The company has a robust pipeline including omecamtiv mecarbil and reldesemtiv.
  • Cytokinetics' EARTH-HCM initiative raises awareness for hypertrophic cardiomyopathy.

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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

โ†‘ 0%

1 year growth

โ†“ -1%

2 year growth

โ†“ -1%
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.

BioSpace
Dec 20th, 2024
Cytokinetics Announces Sanofi Acquired Rights to Develop and Commercialize Aficamten in Greater China

Cytokinetics announces Sanofi acquired rights to develop and commercialize Aficamten in Greater China.

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Cytokinetics is Hiring for 7 Jobs on Simplify!

Find jobs on Simplify and start your career today

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