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Kura Oncology Raises $50 Million to Advance Diabetes Menin Inhibitors

Kura Oncology logoKura Oncology
Sig2.85Sen+4.40Env0.00Soc+1.68Gov+0.58

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.

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