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home / articles / KNTE - Why Is Cancer Firm Kinnate Biopharma Stock Trading Lower Today? | Benzinga


KNTE - Why Is Cancer Firm Kinnate Biopharma Stock Trading Lower Today? | Benzinga

Kinnate Biopharma Inc (NASDAQ: KNTE) announced pipeline updates, a reprioritization plan, and workforce restructuring to extend the cash runway.

The company is prioritizing the exarafenib combination, KIN-8741, and discovery efforts around its CDK4 selective program. 

Additionally, Kinnate will pause the development of KIN-7136 and explore strategic alternatives for exarafenib monotherapy and KIN-3248 as part of the reprioritization plan. 

As of September 18, 2023, exarafenib plus binimetinib was generally well-tolerated ...

Full story available on Benzinga.com

Stock Information

Company Name: Kinnate Biopharma Inc.
Stock Symbol: KNTE
Market: NASDAQ
Website: kinnate.com

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