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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