Cytokinetics Up 15% After Panel Recommendation on Phase 3 Trial
March 20 2019 - 1:24PM
Dow Jones News
By Michael Dabaie
Cytokinetics Inc. (CYTK) shares were up 15% to $9.82 in
heavier-than-average volume Wednesday.
Amgen (AMGN), Cytokinetics Inc. and Servier said earlier a data
monitoring committee recommended the Phase 3 clinical trial of
omecamtiv mecarbil in patients with heart failure continue without
changes.
Omecamtiv mecarbil is being developed under a collaboration
between Amgen and Cytokinetics, with funding and strategic support
from Servier.
Amgen shares were down 0.7% to $190.20.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
March 20, 2019 13:09 ET (17:09 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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