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KURA

Kura Oncology

$18.85

(0.00%)

11:04
02/15/18
02/15
11:04
02/15/18
11:04

Kura provides update on Phase 2 Tipifarnib trial

Kura Oncology announced the presentation of updated preliminary results from its Phase 2 clinical trial of its lead product candidate, tipifarnib, in patients with head and neck squamous cell carcinomas with HRAS mutations. The results are being presented by Alan Ho, M.D., Ph.D., of Memorial Sloan Kettering Cancer Center at the 2018 Multidisciplinary Head and Neck Cancers Symposium, taking place today in Scottsdale, Arizona. Nine patients with HRAS mutant HNSCC had been enrolled in the Phase 2 trial as of the February 8, 2018 data cutoff date. Five out of the six evaluable patients achieved a confirmed, partial response as defined by standard RECIST criteria for an overall response rate of 83%, including durable responses of more than 18 months in two patients. The sixth evaluable patient experienced tumor shrinkage and prolonged disease stabilization. Three additional patients were enrolled since the last update in October 2017, however, none of the three additional patients was evaluable as of the February 8th data cutoff date; two are off study and one was still too early for disease assessment. All patients joined the trial upon progression from at least one line of therapy, including chemotherapy, cetuximab or immune therapy, with patients having experienced a median of two prior therapies. Response rates for the three agents approved for treatment of HNSCC in the second line are in the range of 13-16%, with a median progression-free survival of approximately 2 months and a median overall survival of up to 7.5 months. Tipifarnib was generally well-tolerated in the trial. Adverse events observed are consistent with the known safety profile of tipifarnib. In September 2017, Kura announced that the Phase 2 trial in HRAS mutant HNSCC had achieved its primary efficacy endpoint prior to the completion of enrollment. The trial protocol required four confirmed, partial responses, per RECIST 1.1 criteria, out of 18 patients to meet its primary endpoint.

  • 15

    Feb

KURA Kura Oncology
$18.85

(0.00%)

08/08/17
SBSH
08/08/17
NO CHANGE
Target $13
SBSH
Buy
Kura Oncology Phase 2 trial update 'encouraging,' says Citi
Citi analyst Joel Beatty views Kura Oncology's Phase 2 HRAS mutant SCCHN trial update as "encouraging." Though the number of patients is still small, the 60% partial response rate is higher than the 13%-16% rate seen historically with approved agents in the squamous cell carcinomas of the head and neck setting, Beatty tells investors in a research note. He raised his price target for Kura shares to $13 from $12 and keeps a Buy rating on the name.
09/07/17
COWN
09/07/17
INITIATION
COWN
Outperform
Kura Oncology initiated with an Outperform at Cowen
Cowen analyst Chris Shibutani initiated Kura Oncology with an Outperform saying its uniquely positioned to generate significant value from its precision based approach to developing its lead compound, tipifarnib. The analyst said recent clinical data increases confidence in tipifarnib's opportunity in HRAS-mutan SCCHN, with additional opportunity in PTCL. Shibutani sees a commercial peak sales of $600M+ for these orphan oncology indications.
11/09/17
SBSH
11/09/17
NO CHANGE
Target $19
SBSH
Buy
Kura Oncology price target raised to $19 from $15 at Citi
Citi analyst Joel Beatty raised his price target for Kura Oncology to $19 ahead of next week's investor meeting and keeps a Buy rating on the shares. The analyst believes the data to date for Tipifarnib in HRAS-mutant head and neck squamous cell carcinoma suggests it could be superior to the 13%-16% response rate typically seen with the standard of care.
12/20/17
WEDB
12/20/17
INITIATION
Target $19
WEDB
Outperform
Kura Oncology initiated with an Outperform at Wedbush
Wedbush initiated Kura Oncology with an Outperform and $19 price target.

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