Financial MilestonesKYMR received a $20MM milestone related to the move to KT-485 and remains eligible for up to $975MM in collaboration milestones.
Product DevelopmentRecent updates on KT-621 showed positive results, with more than 90% mean STAT6 reduction in all doses above 1.5mg, demonstrating potential for QD dosing and a clean safety profile.
Strategic PartnershipsThe Gilead deal underscores the platform strength by entering into an agreement to develop and commercialize novel oral molecular glue degraders targeting CDK2.