Kronos Bio Inc (OQ:KRON)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1300 S. El Camino Real, Suite 400 SAN MATEO CA 94402 |
| Tel: | 1-650-7815026 |
| Website: | https://www.kronosbio.com |
| IR: | See website |
| Key People | ||
| Norbert W. Bischofberger President, Chief Executive Officer, Director | Sandra A. Gardiner Interim Chief Financial Officer | Christopher Dinsmore Chief Scientific Officer |
| Business Overview |
| Kronos Bio, Inc. is a biopharmaceutical company. The Company is focused on developing therapeutics that target the deregulated transcription that causes cancer and other serious diseases. It is developing KB-0742, its internally discovered oral cyclin dependent kinase 9 (CDK9) inhibitor, for the treatment of MYC-amplified and others transcriptionally addicted solid tumors. It has initiated the Phase 2 portion of its Phase 1/2 clinical trial for KB-0742. It is also developing KB-9558, which inhibits the lysine acetyltransferase (KAT) domain of p300, a critical node of the IRF4 TRN. IRF4 is a key transcription factor driver in multiple myeloma and KB-9558 selectively targets its activity. Its scientific focus is on developing medicines that target deregulated transcription, the hallmark of cancer and other serious diseases. Using its Small Molecule Microarray (SMM) platform or other approaches, it can generate and advance small molecule starting points into drug development candidates. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Kronos Bio Inc revenues increased from $0K to $6.3M. Net loss decreased 15% to $112.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development - Balancing val decrease of 9% to $69.1M (expense), Interest income (expense), net increase from $3.9M to $9.2M (income). |
| Employees: | 62 as of Mar 11, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $6.29M as of Dec 31, 2023 |
| EBITDA (TTM): | -$116.74M as of Dec 31, 2023 |
| Net annual income (TTM): | -$112.67M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$79.26M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 60,095,013 as of Mar 14, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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