Kymera's oral candidate KT-621 for eczema receives Fast Track designation.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
0mins
Source: SeekingAlpha
FDA Fast Track Designation: The US FDA has granted Fast Track designation to KT-621, an oral STAT6 degrader for atopic dermatitis developed by Kymera Therapeutics.
Positive Phase 1 Data: The designation follows positive phase 1 data released on December 8, which significantly boosted Kymera's stock prices.
Current Phase of Development: KT-621 is currently in phase 2 of its clinical trials.
Recent Financial Moves: Kymera Therapeutics has also announced a $602 million public offering priced at $86.00 per share, along with a proposed $500 million public offering.
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Analyst Views on KYMR
Wall Street analysts forecast KYMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KYMR is 116.30 USD with a low forecast of 90.00 USD and a high forecast of 138.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
21 Buy
1 Hold
0 Sell
Strong Buy
Current: 72.150
Low
90.00
Averages
116.30
High
138.00
Current: 72.150
Low
90.00
Averages
116.30
High
138.00
About KYMR
Kymera Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on discovering and developing small molecule therapeutics that selectively degrade disease-causing proteins by harnessing the body’s own natural protein degradation system with a primary focus on immunology. The Company's targeted protein degradation (TPD) platform, which is a small molecule therapeutic modality that engages the body’s natural cellular recycling system to selectively eliminate disease-causing proteins. Its immunology programs target STAT6, IRF5 and IRAK4, each of which addresses targets within validated pathways, providing the opportunity to treat a broad range of diseases. It is developing KT-621 as part of its STAT6 program, which is being evaluated in a Phase I clinical trial in healthy volunteers. It is developing KT-579, which is an investigational, first-in-class, oral degrader of IRF5, a genetically validated transcription factor and a master regulator of immunity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Kymera Stock Soars as Secretive Hedge Fund Acquires $172 Million Stake.
- Hedge Fund Activity: A secretive hedge fund focused on biotechnology has purchased shares of Kymera Therapeutics.
- Stock Performance: This acquisition occurred after Kymera Therapeutics' stock reached its highest level on record.
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