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Kinnate Biopharma Inc   (NASDAQ: KNTE)
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Price: $2.6500 $-0.01 -0.376%
Day's High: $2.675 Week Perf: 0.00
Day's Low: $ 2.64 30 Day Perf: 7.29 %
Volume (M): 2,812 52 Wk High: $ 0.00
Volume (M$): $ 7,452 52 Wk Avg: $0.00
Open: $2.64 52 Wk Low: $0.00



 Market Capitalization (Millions $) 125
 Shares Outstanding (Millions) 47
 Employees 99
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -127
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 0

Kinnate Biopharma Inc
Kinnate Biopharma Inc is a clinical-stage biopharmaceutical company that specializes in discovering and developing precision medicine therapies. The company is based in San Diego, California and was founded in 2016 by a team of experts in genomic research, cancer biology, and drug discovery.

The focus of Kinnate Biopharma is on developing targeted therapies for genetically defined cancers. The company's approach is to use cutting-edge genomic sequencing and data analysis technologies to identify genetic mutations and aberrations that drive cancer growth. They then develop small molecule drugs that target these specific mutations and are tailored to individual patients' genetic profiles.

Kinnate Biopharma's proprietary platform is called "KinnPlatform," which enables the rapid discovery and development of new cancer therapies. KinnPlatform integrates genomic sequencing, bioinformatics, and advanced chemistry to identify and develop compounds that precisely target oncogenic mutations. The platform is optimized to deliver differentiated, best-in-class products and enables the discovery of new treatments for cancers with high unmet medical needs.

Kinnate Biopharma's pipeline includes several small molecule therapies targeting specific genetic mutations found in various cancer types. Their lead program, KIN0029454, is a precision medicine drug candidate targeting BRAF fusions and mutations, which are found in a range of malignancies, including non-small cell lung cancer, colorectal cancer, and melanoma. According to the company, the drug has demonstrated promising preclinical activity and has received FDA orphan drug designation.

In addition to their lead program, Kinnate Biopharma has several other preclinical programs targeting genetic mutations in other tumor types, including KRAS G12C, NTRK fusion, and ERBB2 mutations. The company's drug discovery efforts are supported by a robust research and development team, including scientists with deep expertise in oncology biology, medicinal chemistry, and drug development.

Kinnate Biopharma has received significant funding from venture capital firms, including OrbiMed and Foresite Capital, as well as strategic partnerships with companies such as Boehringer Ingelheim and Nextech Invest. The company's mission is to improve patient outcomes and positively impact the cancer treatment landscape by developing precise and effective therapies for genetically defined cancers.


   Company Address: 800 West El Camino Real, Suite 180 Mountain View 94040 CA
   Company Phone Number: 299-4699   Stock Exchange / Ticker: NASDAQ KNTE


   

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Financing Agreement

Kinnate Biopharma Inc Sells Its Investigational Pan-RAF Inhibitor, Exarafenib, to Pierre Fabre Laboratories

Published Fri, Mar 1 2024 1:30 PM UTC

Kinnate Biopharma Inc. Sells Its Investigational Pan-RAF Inhibitor, Exarafenib, to Pierre Fabre Laboratories
SAN FRANCISCO, SAN DIEGO and CASTRES, France, March 01, 2024 - Kinnate Biopharma Inc. (Nasdaq: KNTE), a clinical-stage precision oncology company, and Pierre Fabre Mdicament, SAS (Pierre Fabre Laboratories), a global player in oncology, have announced their agreem...

Merger and Acquisition

Merger of Kinnate Biopharma Inc. and XOMA Corporation Accelerates Precision Oncology Advancements

Published Fri, Feb 16 2024 1:00 PM UTC

Kinnate Biopharma Inc Enters into Agreement to be Acquired by XOMA Corporation for Between $2.3352 and $2.5879 Per Share in Cash, Plus One Contingent Value Right per Share
San Francisco and San Diego - In a significant development for the precision oncology sector, Kinnate Biopharma Inc (Nasdaq: KNTE) has announced its definitive merger agreement with XOMA Corporation. T...

Kinnate Biopharma Inc

Kinnate Biopharma Inc. Surprises Investors with Unexpected Operating Shortfall in Q3 2023



The Major Pharmaceutical Preparations industry is currently abuzz with discussions surrounding Kinnate Biopharma Inc's recent financial performance for the third quarter of 2023. Although the company reported an operating shortfall of $-33.089 million and no revenue for the quarter, shareholders remain optimistic about the future due to an anticipated business strategy. This article aims to provide insightful context about Kinnate Biopharma Inc's market and stock performance.
Challenging Third Quarter Results
During the July to September 30 2023 quarter, Kinnate Biopharma Inc faced a significant operating shortfall of $-33.089 million, which raises concerns about the company's financial stability. Lacking any revenue for the quarter further compounds the worries among industry observers. However, it is important to note that shareholders are more focused on the development of a new business strategy rather than the current operational results.

Kinnate Biopharma Inc

Kinnate Biopharma Inc Faces Mounting Concerns as Operating Deficit Soars to $34.135 Million in Second Quarter of 2023



Kinnate Biopharma Inc, a lesser-known player in the Major Pharmaceutical Preparations industry, has recently announced its operating deficit for the second quarter of 2023. With a staggering $-34.135 million deficit, the company's financial situation raises concerns among investors and industry analysts. Furthermore, the company's net loss of $-31.918 million, which has expanded from the previous year, adds to the bearish sentiment surrounding Kinnate Biopharma Inc. As the company approaches its next financial results announcement on August 10, 2023, it becomes crucial to analyze the factors contributing to its declining performance.
Operational Deficit Expansion:
Comparing the operating deficit of the second quarter of 2023 with the previous year, a pattern of worsening financials emerges. Kinnate Biopharma Inc reported an operating deficit of $-27.406 million in the second quarter of 2022, which has now ballooned by approximately 24% to $-34.135 million. This significant expansion highlights the company's inability to effectively manage its costs and generate sufficient revenue streams.

Kinnate Biopharma Inc

Kinnate Biopharma Inc. Reports Operating Loss in Q1 2023: Company Strives to Overcome Challenges in Cancer Precision Medicine Development

Kinnate Biopharma Inc. is a biopharmaceutical company that specializes in the development of precision medicines for cancer patients. The company was founded in 2018 and is headquartered in San Francisco, California.
Over the past few years, Kinnate Biopharma Inc. has gained significant traction in the pharmaceutical industry due to its innovative approach to cancer treatment. The company is focused on identifying and targeting genetic mutations that drive the growth of cancer cells. By developing precision medicines that target these mutations, Kinnate Biopharma Inc. aims to provide more effective and personalized cancer treatment options for patients.










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