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Crinetics Pharmaceuticals to Participate in the SVB Securities Global Biopharma Conference

Key Takeaway: SAN DIEGO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Crinetics Pharmaceuticals (Nasdaq: CRNX) today announced that company management will participate in a fireside chat at the annual SVB Securities Global Biopharma Conference, which is being held in a virtual format February 14-16, 2023
Price reaction · baseline $20.28 (2023-02-09 close) · hit after-hours · clean, no other CRNX news in the window
day 0 close · peak
-3.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Crinetics Pharmaceuticals is participating in a prominent biopharma conference.
  • The company is actively engaging in discussions showcasing its advancements.
  • Crinetics has a strong pipeline of investigational drugs targeting rare endocrine diseases.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+30%
120-day peak, hindsight
Typical move
7.2%
average across 7 past catalysts
Cash runway
~38 mo
Minimal dilution risk
Lead asset
68Ga-R10602
Phase 1 · Locoregionally Recurrent Hormone-receptor Positive Breast Cancer

Full Press Release Details

SAN DIEGO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Crinetics Pharmaceuticals (Nasdaq: CRNX) today announced that company management will participate in a fireside chat at the annual SVB Securities Global Biopharma Conference, which is being held in a virtual format February 14-16, 2023.
Details of the presentation are as follows:
Date: Tuesday, February 14, 2023
Time: 3:40 p.m. Eastern Time
The live and archived webcast will be accessible on the Events & Presentations page in the Investors section on the Crinetics’ website at www.crinetics.com/events.
About Crinetics Pharmaceuticals
Crinetics Pharmaceuticals is a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. Paltusotine, an investigational, oral somatostatin receptor type 2 (SST2) agonist, is in Phase 3 clinical development for acromegaly and Phase 2 clinical development for carcinoid syndrome associated with neuroendocrine tumors. Crinetics has demonstrated pharmacologic proof-of-concept in Phase 1 clinical studies for CRN04777, an investigational, oral somatostatin receptor type 5 (SST5) agonist in development for congenital hyperinsulinism, and for CRN04894, an investigational, oral ACTH antagonist in development for the treatment of Cushing’s disease, congenital adrenal hyperplasia, and other diseases of excess ACTH. All of the company’s drug candidates are orally delivered, small molecule new chemical entities resulting from in-house drug discovery efforts.

Frequently Asked Questions

When is Crinetics participating in the SVB Conference?

Crinetics will participate in the SVB Securities Global Biopharma Conference on February 14, 2023.

What time will the Crinetics presentation occur?

The Crinetics presentation is scheduled for 3:40 p.m. Eastern Time.

Where can I access the Crinetics webcast?

The live and archived webcast will be available on Crinetics’ Events & Presentations page.

What is Crinetics Pharmaceuticals focused on?

Crinetics Pharmaceuticals focuses on developing new therapeutics for rare endocrine diseases.

What drug candidates are in development by Crinetics?

Crinetics has drug candidates for acromegaly, carcinoid syndrome, and more.

Last updated: Feb 10, 2023