Kura Oncology Raises $50 Million to Advance Diabetes Menin Inhibitors
Kura Oncology announced a $50 million financing tied to advancing its menin-inhibition strategy for diabetes. The company is launching Caspian Therapeutics with the funding, expected to support IND-enabling work and initial clinical proof-of-concept for KO-7246, plus a second diabetes/cardiometabolic candidate. Kura plans to keep about half ownership and board representation.