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Kymera Therapeutics Announces First Participant Dosed in Phase 1 Trial of Oral IRAK4 Degrader, KT-485, and Milestone Achievement Under Sanofi Collaboration

(Positive)

Kymera Therapeutics (NASDAQ: KYMR) reported first dosing in a first-in-human Phase 1 trial of KT-485 (SAR447971), an oral IRAK4 degrader, in healthy adults and hidradenitis suppurativa patients. The Sanofi-led study triggers a $20 million milestone and is part of up to $975 million in potential milestones.

The three-part trial will assess safety, tolerability, pharmacokinetics and exploratory endpoints using SAD, MAD and open-label MAD cohorts.

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Positive

  • $20 million milestone payment triggered from Sanofi upon first participant dosing
  • Eligibility for up to $975 million in potential KT-485 milestones
  • First-in-human Phase 1 trial of KT-485 formally initiated
  • Sanofi leading development, regulatory and commercial activities for KT-485 program

Negative

  • KT-485 program remains in early Phase 1 with no efficacy data yet

News Market Reaction – KYMR

+4.00%
1 alert
+4.00% Session close to close
$6.64B Market Cap
0.0x Rel. Volume

In the Jun 9 session, KYMR gained 4.00%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement marks the first-in-human Phase 1 trial of KT-485 under Kymera’s Sanofi collaborati...
Analysis

This announcement marks the first-in-human Phase 1 trial of KT-485 under Kymera’s Sanofi collaboration, triggering a $20 million payment and eligibility for up to $975 million in milestones. It adds another IRAK4 degrader to the clinic alongside a broader portfolio of oral degraders progressing through Phase 1 and 2. Investors may watch upcoming KT-485 safety and pharmacokinetic data, partnership milestones, and any updates on leadership transitions and insider activity.

Key Figures

Milestone payment: $20 million Total potential milestones: $975 million Trial phase: Phase 1 +2 more
5 metrics
Milestone payment $20 million Triggered by first participant dosing in KT-485 Phase 1
Total potential milestones $975 million Clinical, regulatory and commercial milestones under Sanofi KT-485 deal
Trial phase Phase 1 First-in-human KT-485 study in healthy volunteers and HS patients
Trial identifier NCT07629336 Registered Phase 1 KT-485 clinical trial
Study design parts Three-part study SAD, MAD, and open-label MAD cohorts for KT-485

Previous Clinical trial Reports

5 past events · Latest: Apr 13 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 13 Fast Track designation Positive +4.1% U.S. FDA Fast Track status granted for KT-621 in eosinophilic asthma.
Jan 29 First patient dosed Positive +3.9% First patient dosed in BREADTH Phase 2b asthma trial of KT-621.
Dec 11 Fast Track designation Positive -2.3% Fast Track designation for KT-621 in moderate to severe atopic dermatitis.
Dec 08 Positive Phase 1b data Positive +41.5% Positive BroADen Phase 1b AD data for KT-621 with strong biomarker effects.
Nov 25 First patient dosed Positive +0.7% First patient dosed in BROADEN2 Phase 2b AD clinical trial of KT-621.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical and regulatory milestones have generally seen positive next-day moves, with one notable negative reaction to a Fast Track designation.

Recent Company History

Over the past several months, Kymera has repeatedly advanced its degrader pipeline in immunology and inflammation. Prior clinical-trial-tagged news highlighted Fast Track designations and first-patient dosing for KT-621 in atopic dermatitis and asthma, plus strong Phase 1b efficacy and safety data, including a 41.55% one-day move on BroADen results. Today’s KT-485 Phase 1 initiation under the Sanofi partnership continues this pattern of progressing oral degraders into later stages with external validation and milestone economics.

Key Terms

irak4 degrader, hidradenitis suppurativa, pharmacokinetics, single ascending dose, +3 more
7 terms
irak4 degrader medical
"KT-485 (SAR447971), an oral, potent and selective IRAK4 degrader, in adult healthy"
An IRAK4 degrader is a therapeutic molecule designed to remove the IRAK4 protein inside cells, effectively sending that protein to the cell’s disposal system rather than merely blocking its activity. Investors should care because IRAK4 plays a key role in immune and inflammatory signaling, so degraders offer a different approach to treating autoimmune diseases and certain cancers and can change a drug’s effectiveness, safety profile, and commercial potential compared with traditional inhibitors — like choosing to remove a troublemaker from a room rather than just quieting them.
hidradenitis suppurativa medical
"healthy volunteers and hidradenitis suppurativa (HS) patients. The Phase 1 trial"
A chronic skin disease marked by recurring, painful lumps and tunnels under the skin that often leak and leave scars; it behaves like a slow-burning, recurring infection in areas with many sweat glands. For investors, it matters because the condition has few consistently effective treatments and causes long-term healthcare use, making successful new drugs, devices, or diagnostics potentially high-value opportunities while also carrying clinical-trial, regulatory and reimbursement risks.
pharmacokinetics medical
"trial will evaluate the safety, tolerability, pharmacokinetics and additional"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
single ascending dose medical
"includes double-blind, placebo-controlled single ascending dose (SAD) and multiple"
A single ascending dose is a method used in testing new medicines where small amounts are given to participants, gradually increasing each time to find the safest and most effective dose. For investors, it provides important information about a drug’s safety and potential, helping gauge the progress and prospects of a pharmaceutical development.
multiple ascending dose medical
"placebo-controlled single ascending dose (SAD) and multiple ascending dose (MAD)"
A multiple ascending dose is a method used in testing new medicines where small groups of people receive gradually larger amounts of the drug over time. This approach helps researchers find the safest and most effective dose without causing too many side effects. For investors, it signals ongoing steps in drug development that can impact a company's potential success or approval prospects.
placebo-controlled medical
"three-part study includes double-blind, placebo-controlled single ascending dose"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
open-label medical
"single ascending dose (SAD) and multiple ascending dose (MAD) cohorts, as well as an open-label MAD cohort."
Open-label describes a situation where everyone involved in a study or process knows the full details, such as who is receiving a treatment or intervention. For investors, understanding whether a project or product is open-label helps gauge the level of transparency and potential biases, influencing trust and decision-making. It’s like knowing whether a test or experiment is conducted openly or behind closed doors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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First-in-human Phase 1 trial evaluating KT-485 (SAR447971) initiated, triggering a $20 million milestone payment from Sanofi

WATERTOWN, Mass., June 09, 2026 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, today announced that the first participant has been dosed in the first-in-human Phase 1 clinical trial evaluating KT-485 (SAR447971), an oral, potent and selective IRAK4 degrader, in adult healthy volunteers and hidradenitis suppurativa (HS) patients. The Phase 1 trial (NCT07629336) is being conducted by the Company’s partner Sanofi. Under the terms of the collaboration, dosing of the first participant triggered a $20 million milestone payment to Kymera from Sanofi.

Per the collaboration, Sanofi is leading development, regulatory, and commercial efforts for the program. Kymera is eligible to receive up to $975 million of potential clinical, regulatory and commercial milestones related to KT-485.

“Advancing KT-485, our second generation IRAK4 degrader, into the clinic is an important milestone for our collaboration with Sanofi and our efforts to ultimately bring this important oral therapy to patients,” said Nello Mainolfi, PhD, Founder, President and CEO, Kymera Therapeutics. “There remains a significant need for novel oral options that can address key inflammatory pathways implicated in several immuno-inflammatory conditions, and we are excited to collaborate with Sanofi on this work.”

The Phase 1 trial will evaluate the safety, tolerability, pharmacokinetics and additional exploratory endpoints of orally administered KT-485. The three-part study includes double-blind, placebo-controlled single ascending dose (SAD) and multiple ascending dose (MAD) cohorts, as well as an open-label MAD cohort.

About KT-485/SAR447971
KT-485 is a second generation, oral degrader of IRAK4, that demonstrated increased potency and specificity with a favorable safety profile in preclinical testing. IRAK4 is a scaffolding kinase and key protein of the myddosome complex that mediates signaling through IL-1 and toll-like receptors. IRAK4 acts at the interface of the innate and adaptive immune responses with a variety of functions depending on its kinase activity and scaffolding function. Eliminating IRAK4 completely through degradation impacts both the kinase and scaffolding functions, therefore having the potential to achieve a broad, well-tolerated, anti-inflammatory effect providing a novel oral therapeutic approach for a variety of immuno-inflammatory diseases. KT-485 is being developed under Kymera’s collaboration with Sanofi for IRAK4 degraders outside of oncology and immuno-oncology. Kymera has the option to participate in future development and commercialization, and 50/50 profit split, in the United States and double-digit tiered royalties in ROW.

About Kymera Therapeutics
Kymera is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients’ lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston’s top workplaces for the past several years. For more information about our science, pipeline and people, please visit www.kymeratx.com or follow us on X or LinkedIn.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements about our expectations regarding strategy, business plans and objectives on the development of KT-485, including the therapeutic potential, clinical benefits and safety thereof. The words "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "expect," "estimate," "seek," "predict," "future," "project," "potential," "continue," "target," “upcoming” and similar words or expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from any forward-looking statements contained in this press release, including, without limitation, risks associated with: the timing and anticipated results of our current and future preclinical studies and clinical trials, supply chain, strategy and future operations; the delay of any current and future preclinical studies or clinical trials or the development of Kymera Therapeutics' drug candidates; the risk that the results of current preclinical studies and clinical trials may not be predictive of future results in connection with current or future preclinical and clinical trials, including for KT-485; Kymera Therapeutics' ability to successfully demonstrate the safety and efficacy of its drug candidates; the timing and outcome of the Kymera Therapeutics' planned interactions with regulatory authorities; obtaining, maintaining and protecting its intellectual property; and Kymera Therapeutics' relationships with its existing and future collaboration partners, the timing and outcome of planned interactions with and submissions to regulatory authorities, the availability of funding sufficient for our operating expenses and capital expenditure requirements and other factors. These risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in the most recent Quarterly Report on Form 10-Q and in subsequent filings with the SEC. In addition, any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We explicitly disclaim any obligation to update any forward-looking statements. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements.

Investor Contact:
Justine Koenigsberg
investors@kymeratx.com
857-285-5300

Media Contact:
Matthew Henson
media@kymeratx.com
857-285-5300


FAQ

What did Kymera Therapeutics (NASDAQ: KYMR) announce about the KT-485 Phase 1 trial on June 9, 2026?

Kymera announced first dosing in a first-in-human Phase 1 trial of oral IRAK4 degrader KT-485 in adults. According to Kymera, the Sanofi-led study includes healthy volunteers and hidradenitis suppurativa patients and will assess safety, tolerability, pharmacokinetics and exploratory endpoints.

How much milestone revenue does Kymera Therapeutics (NASDAQ: KYMR) receive from Sanofi for the KT-485 trial start?

Kymera receives a $20 million milestone payment from Sanofi triggered by first participant dosing. According to Kymera, this payment is part of a broader collaboration under which the company may earn up to $975 million in additional clinical, regulatory and commercial milestones.

What are the potential total milestones Kymera (NASDAQ: KYMR) can earn from Sanofi for KT-485?

Kymera is eligible for up to $975 million in potential milestones tied to KT-485’s progress. According to Kymera, these include clinical, regulatory and commercial milestones, with Sanofi responsible for development, regulatory activities and commercialization of the KT-485 program.

What is being evaluated in Kymera’s (NASDAQ: KYMR) Phase 1 trial of KT-485 (SAR447971)?

The Phase 1 KT-485 study is evaluating safety, tolerability, pharmacokinetics and exploratory endpoints in adults. According to Kymera, the three-part design includes double-blind, placebo-controlled single ascending dose and multiple ascending dose cohorts, plus an open-label multiple ascending dose cohort.

Who is leading development of KT-485 for Kymera Therapeutics (NASDAQ: KYMR) and what is their role?

Sanofi is leading development, regulatory and commercial efforts for the KT-485 program under its collaboration with Kymera. According to Kymera, Sanofi is also conducting the first-in-human Phase 1 trial that triggered the initial $20 million milestone payment.

What type of molecule is KT-485 being developed by Kymera (NASDAQ: KYMR) and Sanofi?

KT-485 is described as an oral, potent and selective IRAK4 degrader and Kymera’s second-generation IRAK4 program. According to Kymera, it is being developed as a small molecule degrader medicine targeting immunological diseases, including hidradenitis suppurativa in the current Phase 1 trial.