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Heart Drug

All articles tagged with #heart drug

healthcare3 months ago•1 min saved

Cytokinetics' Heart Drug Gains FDA Approval, Boosting Its Market Edge

Cytokinetics received FDA approval for its first drug, Myqorzo, to treat obstructive hypertrophic cardiomyopathy, ending a 27-year R&D drought for the company. The drug will compete with a similar medication from Bristol Myers Squibb and is expected to launch in late January.

via statnews.com|

#cytokinetics #fda-approval #healthcare

business-pharmaceuticals2 years ago•0 min saved

Novartis Abandons Pursuit of Cytokinetics, CYTK Stock Plunges

Novartis has decided to step back from its pursuit of Cytokinetics, a South San Francisco-based heart-drug developer, after reportedly being close to a purchase agreement. The Swiss drug giant had been pursuing the biotech for several months, but backed away in the past day or two, casting doubt on the prospects of a deal.

via The Wall Street Journal|

#acquisition #business-pharmaceuticals #cytokinetics