Kura Oncology shares are trading higher after the company received FDA Breakthrough Therapy Designation for Ziftomenib in NPM1-Mutant AML.
Portfolio Pulse from Benzinga Newsdesk
Kura Oncology's stock price increased following the FDA's Breakthrough Therapy Designation for Ziftomenib, aimed at treating NPM1-Mutant AML.
April 22, 2024 | 11:39 am
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Kura Oncology's shares rose after the FDA granted Breakthrough Therapy Designation for Ziftomenib in NPM1-Mutant AML.
The FDA's Breakthrough Therapy Designation is a significant positive development for Kura Oncology, indicating a faster potential path to market for Ziftomenib. This designation often leads to increased investor confidence and can significantly impact the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100