Needham & Company Positive on Cytokinetics (CYTK) as Amgen to Move Ahead with Omecamtiv Phase III
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Cytokinetics and Amgen to Advance Omecamtiv Mecarbil to Phase 3 Clinical Development
September 1, 2016 8:31 AM EDTSOUTH SAN FRANCISCO, Calif., Sept. 01, 2016 (GLOBE NEWSWIRE) -- Cytokinetics, Inc. (Nasdaq: CYTK) today announced the advancement of omecamtiv mecarbil to Phase 3 clinical development with a cardiovascular outcomes clinical trial expected to initiate in the fourth quarter of 2016. Omecamtiv mecarbil, a novel investigational cardiac myosin activator, enhances cardiac function by increasing cardiac contractility and is being developed for the potential treatment of patients with chronic heart failure.
The decision to proceed to Phase 3 development follows the review of results from prior clinical trials, including COSMIC-HF (Chronic Oral... More
