Expense ReductionKronos plans to implement significant expense reduction strategies, aiming to enhance financial efficiency while exploring various strategic alternatives.
Preclinical DevelopmentsKronos will present preclinical data for KB-7898, demonstrating its potential in reducing auto-antibodies and inflammatory cytokines related to autoimmune diseases.
Strategic AlternativesKronos is exploring strategic alternatives, including potential acquisitions, mergers, or sales of assets to maximize stakeholder value.