Clinical TrialsRecent top-line results for bezuclastinib’s SUMMIT trial in non-advanced systemic mastocytosis was well-received, propelling Cogent up 69%.
Financial PositionCogent ended with roughly $453M in pro forma cash and cash equivalents, which should provide an operational runway into 2027.
Market OpportunityBezuclastinib is not a one-trick pony for NonAdvSM and is considered a cleaner tyrosine kinase inhibitor that could work better in advanced systemic mastocytosis and oncologic indications like GIST.