Kinnate Biopharma Inc. (KNTE) Tops Q3 EPS by 1c

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Kinnate Biopharma Inc. Reports Third Quarter 2023 Financial Results and Recent Corporate Updates

November 9, 2023 4:05 PM EST

Reported promising exarafenib combination data in NRAS mutant melanoma; intend to select two doses in the fourth quarter of 2023 for further development Plan to file KIN-8741 c-MET inhibitor Investigational New Drug application and nominate a drug candidate for brain-penetrant CDK4 selective program in the fourth quarter of 2023Previously announced strategic reprioritization with a focus on exarafenib combination in NRAS mutant melanoma, c-MET inhibitor KIN-8741 and brain penetrant CDK4 selective program and a workforce restructuringCash, cash equivalents and investments of $180.3 million as of September 30, 2023

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