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RBC Capital stays bullish on Cytokinetics on lack of AdCom in aficamten view

RBC Capital stays bullish on Cytokinetics on lack of AdCom in aficamten view

RBC Capital keeps a Buy rating and $82 price target on Cytokinetics (CYTK), saying the firm remains bullish on the stock following the announcement that upon the completion of their mid-cycle review meeting with the FDA ahead of the September 26th PDUFA, the company does not expect an AdComm review and continues to expect a differentiated label and REMS program for aficamten vs. other approved CMIs, or cardiac myosin inhibitors, the analyst tells investors in a research note.

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