Welcome to our dedicated page for Keros Therapeutics news (Ticker: KROS), a resource for investors and traders seeking the latest updates and insights on Keros Therapeutics stock.
Keros Therapeutics, Inc. develops clinical-stage protein therapeutics for disorders linked to dysfunctional signaling of the transforming growth factor-beta family of proteins. Company news centers on the rinvatercept (KER-065) program for neuromuscular diseases including Duchenne muscular dystrophy and amyotrophic lateral sclerosis, as well as elritercept for cytopenias in myelodysplastic syndrome and myelofibrosis.
Recurring updates include clinical data presentations, research collaborations, business highlights, financial results, and licensing economics tied to Takeda. Keros also reports governance changes, corporate presentations, portfolio prioritization, and capital actions such as its completed common-stock tender offer and capital return program.
Keros Therapeutics, Inc. (Nasdaq: KROS), presented preclinical results of KER-012 at the ASBMR 2021 Annual Meeting, showcasing its efficacy in preventing bone loss in a rodent pulmonary arterial hypertension (PAH) model. RKER-012 demonstrated significant improvements in bone metrics compared to untreated controls, suggesting its potential for treating secondary osteoporosis related to PAH. KER-012 is designed to promote bone growth by inhibiting transforming growth factor-Beta ligands. The company emphasizes KER-012's therapeutic promise for bone loss disorders.
Keros Therapeutics, Inc. (Nasdaq: KROS), a clinical-stage biopharmaceutical company, announced that CEO Jasbir S. Seehra, Ph.D., will participate in two healthcare conferences. The events include the Morgan Stanley 19th Annual Global Healthcare Conference on September 10 at 11:00 AM ET as a fireside chat, and the H.C. Wainwright 23rd Annual Global Investment Conference on September 13 starting at 7:00 AM ET as a corporate presentation. Both presentations will be accessible online and archived on Keros' investor website for 90 days.
Keros Therapeutics, Inc. (KROS) reported significant progress and financial results for Q2 2021, highlighting advancements in their clinical pipeline. The company announced preliminary results from its Phase 2 trial of KER-050, aimed at treating myelodysplastic syndromes. Financially, Keros posted a net loss of $15.6 million for the quarter, up from $10.8 million in Q2 2020, primarily due to increased R&D and administrative expenses. As of June 30, 2021, Keros held $237.1 million in cash, sufficient to fund operations through Q4 2023.
Keros Therapeutics has appointed Simon Cooper as Chief Medical Officer, effective August 2, 2021. Cooper brings extensive experience from companies like Kadmon Holdings and AbbVie. His role will be crucial as Keros advances its clinical pipeline, particularly the promising KER-050 program. He succeeds Claudia Ordonez, who will continue consulting until September 15, 2021. The company focuses on developing novel therapeutics for hematological and musculoskeletal disorders, targeting significant unmet medical needs.
Keros Therapeutics, Inc. (Nasdaq: KROS) announced preliminary results from its Phase 2 trial of KER-050 for treating anemia and thrombocytopenia in patients with myelodysplastic syndromes. As of May 14, 2021, twelve patients were treated, with five achieving significant hematological endpoints. The drug was well tolerated, with no serious drug-related adverse events reported. Based on the results, Keros will extend the trial duration to up to two years and initiate further trial phases. A conference call is scheduled for June 23, 2021, to discuss these findings.
Keros Therapeutics (KROS) presented significant preclinical data at the EHA2021 Virtual Congress, highlighting the efficacy of ALK2 inhibition and the novel therapy KER-050. Studies showed that ALK2 inhibition reduced hepcidin levels and improved iron homeostasis in models of anemia and iron overload. KER-050 exhibited rapid and sustainable effects on erythropoiesis and increased erythropoietin levels, supporting its potential as a treatment for myelodysplastic syndromes and myelofibrosis. Results indicate promising therapeutic avenues for conditions related to elevated hepcidin.
Keros Therapeutics, Inc. (Nasdaq: KROS) announced that its President and CEO, Jasbir S. Seehra, Ph.D., will present at the Jefferies Virtual Healthcare Conference on June 1 at 2:00 PM EST. The presentation will be available via a live webcast and will also be archived on Keros' Investors section for 90 days. Keros focuses on developing innovative treatments for hematological and musculoskeletal disorders, with key product candidates including KER-050 for cytopenias, KER-047 for anemia from iron imbalance, and KER-012 for bone loss and pulmonary arterial hypertension.
Keros Therapeutics, Inc. (Nasdaq: KROS) announced the issuance of U.S. Patent No. 11,013,785, a foundational patent for novel therapeutic proteins, including KER-050. This patent is critical for Keros' wholly-owned internal programs and extends patent protection until at least November 2037. KER-050 is designed to treat cytopenias like anemia in patients with myelodysplastic syndromes and myelofibrosis. Keros plans to enhance its patent portfolio to support its expanding pipeline of hematological and musculoskeletal treatments.
Keros Therapeutics (Nasdaq: KROS) announced promising results from a preclinical study of KER-012 targeting pulmonary arterial hypertension (PAH) at the American Thoracic Society International Conference. The study demonstrated that KER-012 prevented markers of inflammation, fibrosis, and vascular remodeling in a rodent PAH model. Notably, the treatment reduced right ventricle and arterial wall thickness without increasing red blood cell counts, indicating potential for safe treatment of PAH. KER-012 could also enhance signaling pathways involved in bone disorders and PAH.
Keros Therapeutics (Nasdaq: KROS) announced the presentation of four abstracts from its KER-050 and ALK2 programs at the upcoming 26th Annual Congress of the European Hematology Association, taking place virtually from June 9-17, 2021. Findings include promising preclinical data on KER-050's ability to promote red blood cell production, relevant for conditions like myelodysplastic syndromes. The company is on track to report initial data from its Phase 2 clinical trial of KER-050 by the end of June 2021, solidifying its commitment to addressing hematological disorders.