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Kura Oncology Receives $30 Million Development Milestone Payment in Ziftomenib AML Program with Kyowa Kirin

Key Takeaway: Kura Oncology has announced a $30 million milestone payment following the dosing of the first patient in its KOMET-017 Phase 3 clinical trials for ziftomenib, an investigational oral menin inhibitor. The trials aim to evaluate ziftomenib in patients with newly diagnosed NPM1-mutated or KMT2A-rearranged acute myeloid leukemia. This program is notable for being the only menin inhibitor initiative actively pursuing registrational trials across both intensive and non-intensive chemotherapy settings.
Price reaction · baseline $9.1 (2025-10-23 close) · hit pre-market · 1 other KURA headline(s) in the window, move may be shared
day 0 close
+6.6%
day 1 · peak
+21.3%
day 3
+12.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Kura Oncology received a $30 million milestone payment.
  • The KOMET-017 trial is the only menin inhibitor program in registrational trials.
  • Ziftomenib targets specific genetic drivers of acute myeloid leukemia.

CONCERNS & RISKS

  • Risks associated with clinical trials and regulatory approvals.
  • Potential for the collaboration with Kyowa Kirin to be unsuccessful.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+116%
120-day peak, hindsight
Typical move
5.7%
average across 9 past catalysts
Cash runway
~25 mo
Low dilution risk
Lead asset
Tipifarnib
Phase 2 · Leukemia, Myelomonocytic, Chronic

Full Press Release Details

- Milestone triggered by dosing of first patient in frontline AML Phase 3 clinical program-
SAN DIEGO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced receipt of a $30 million milestone payment under its collaboration agreement with Kyowa Kirin in connection with the dosing of the first patient in the KOMET-017 Phase 3 registrational trials of ziftomenib, a once-daily, investigational oral menin inhibitor. Kura and Kyowa Kirin announced the launch of the KOMET-017 trials on September 29, 2025.
KOMET-017 (NCT07007312) comprises two independent, global, randomized double-blind, placebo-controlled Phase 3 trials to evaluate ziftomenib in combination with both intensive and non-intensive chemotherapy regimens in patients with newly diagnosedNPM1-mutated (NPM1-m) orKMT2A-rearranged (KMT2A-r) acute myeloid leukemia (AML). Kura believes KOMET-017 is the only menin inhibitor program actively pursuing registrational trials across both intensive and non-intensive chemotherapy settings.
About Kura OncologyKura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. Kura’s pipeline of small molecule drug candidates is designed to target cancer signaling pathways and address high-need hematologic malignancies and solid tumors. Kura is developing ziftomenib, a menin inhibitor targeting certain genetic drivers of acute myeloid leukemias and continues to pioneer advancements in menin inhibition for acute leukemias and solid tumors and in farnesyl transferase inhibition to address mechanisms of adaptive and innate resistance in the treatment of solid tumors. For additional information, please visit the Kura website athttps://kuraoncology.com/and follow us onXandLinkedIn.
Forward-Looking StatementsThis news release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. Such forward-looking statements include, among other things, statements regarding the therapeutic potential of ziftomenib and the KOMET-017 trial being the only menin inhibitor program actively pursuing registrational trials across both intensive and non-intensive chemotherapy settings. Factors that may cause actual results to differ materially include the risk that compounds that appeared promising in early research or clinical trials do not demonstrate safety and/or efficacy in later preclinical studies or clinical trials, the risk that Kura may not obtain approval to market its product candidates, uncertainties associated with performing clinical trials, regulatory filings, and other interactions with regulatory bodies, the risk that the collaboration with Kyowa Kirin is unsuccessful, and other risks associated with the process of discovering, developing and commercializing drugs that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs. You are urged to consider statements that include the words “may,” “will,” “would,” “could,” “should,” “believes,” “estimates,” “projects,” “promise,” “potential,” “expects,” “plans,” “anticipates,” “intends,” “continues,” “designed,” “goal,” or the negative of those words or other comparable words to be uncertain and forward-looking. For a further list and description of the risks and uncertainties Kura faces, please refer to Kura’s periodic and other filings with the Securities and Exchange Commission, which are available at www.sec.gov. Such forward-looking statements are current only as of the date they are made, and Kura assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Kura Contact

Frequently Asked Questions

What is the KOMET-017 trial?

The KOMET-017 trial is a Phase 3 clinical study evaluating ziftomenib in AML patients.

What milestone payment did Kura Oncology receive?

Kura Oncology received a $30 million milestone payment related to the KOMET-017 trial.

What does ziftomenib target?

Ziftomenib targets specific genetic drivers of acute myeloid leukemia.

Who is collaborating with Kura Oncology?

Kura Oncology is collaborating with Kyowa Kirin on the ziftomenib program.

Last updated: Oct 24, 2025