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Heart Drug

All articles tagged with #heart drug

Cytokinetics' Heart Drug Gains FDA Approval, Boosting Its Market Edge

Originally Published 23 days ago — by statnews.com

Cytokinetics received FDA approval for its first drug, Myqorzo, to treat obstructive hypertrophic cardiomyopathy, ending a 27-year R&D drought for the company. The drug will compete with a similar medication from Bristol Myers Squibb and is expected to launch in late January.

business healthcare cytokinetics fda-approval healthcare heart-drug hypertrophic-cardiomyopathy myqorzo

Novartis Abandons Pursuit of Cytokinetics, CYTK Stock Plunges

Originally Published 2 years ago — by The Wall Street Journal

Novartis has decided to step back from its pursuit of Cytokinetics, a South San Francisco-based heart-drug developer, after reportedly being close to a purchase agreement. The Swiss drug giant had been pursuing the biotech for several months, but backed away in the past day or two, casting doubt on the prospects of a deal.

business business-pharmaceuticals acquisition business-pharmaceuticals cytokinetics heart-drug novartis pharmaceuticals