Acquisition ExpectationsShares may face some near-term pressure on the news as it suggests no imminent acquisition, which has been a key focus amongst investors.
Financial PerformanceCytokinetics had a quiet 3Q, in our view, marked by in-line revenues and a miss on GAAP EPS.
Safety ConcernsSafety was more problematic, where beyond high rates of GI issues, one patient’s LVEF dropped below 50%, raising the prospect of a potential REMS with negative commercial read-throughs.