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Cytokinetics And Royalty Pharma Announce Funding Agreements Totaling Up To $450 Million

PUBLIC · CYTKJan 07, 2022

Round Type

Funding Round

South San FranciscoBiotechnologyHealth CareTherapeutics

Description

Cytokinetics, Incorporated (Nasdaq: CYTK) and Royalty Pharma plc (Nasdaq: RPRX) today announced that Cytokinetics has secured long-term capital from Royalty Pharma to support the potential commercialization of omecamtiv mecarbil and the further development of aficamten. In addition, Cytokinetics sold to Royalty Pharma royalties on future worldwide sales of aficamten.

Quick answer

Cytokinetics raised an undisclosed amount in a Funding Round round, dated January 7, 2022. Cytokinetics is based in South San Francisco, California, United States.

How much did Cytokinetics raise?
Cytokinetics raised an undisclosed amount in a Funding Round round on January 7, 2022.
What does Cytokinetics do?
Cytokinetics is a late-stage biopharmaceutical company focused on discovering, developing and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating..
Where is Cytokinetics based and how big is it?
Cytokinetics is based in South San Francisco, California, United States. Fundz records about 694 employees.
Who are the decision-makers at Cytokinetics?
Fundz holds 1 contact at Cytokinetics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Cytokinetics that raised within 45 days of this round, from Fundz verified event records.

  • Azora Therapeutics, Inc. (DE) raised $10M on February 17, 2022.
  • Azora Therapeutics, Inc. (DE) raised $10M (Funding Round) on February 16, 2022.
  • Centaurus Therapeutics raised $31M (Series A) on February 16, 2022.
  • Arsenal Biosciences raised $221M on February 10, 2022.
  • MindImmune Therapeutics raised $5.3M on February 4, 2022.
  • Passage Bio raised $4M (Seed) on February 1, 2022.

Who to call at Cytokinetics, and when

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Company Information

Company

Cytokinetics

Location

South San Francisco, California, United States

About

Cytokinetics is a late-stage biopharmaceutical company focused on discovering, developing and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining. As a leader in muscle biology and the mechanics of muscle performance, we are developing small molecule drug candidates specifically engineered to impact muscle function and contractility.

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