S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Karyopharm Targets August Submission for Myelofibrosis Therapy

Karyopharm Therapeutics is moving to secure FDA approval for its myelofibrosis treatment, selinexor, aiming for an August submission under the agency's Accelerated Approval pathway. CEO Richard Paulson stated the company hopes the drug, when paired with ruxolitinib, will become the first combination therapy approved for this condition.

Karyopharm Targets August Submission for Myelofibrosis Therapy
Photo: Bio & News

The company reported second-quarter 2026 total revenue of $33.4 million, with its flagship product XPOVIO contributing $30.8 million. While this figure marks a modest increase from the $29.7 million earned in the same period last year, Karyopharm faces a tightening financial timeline. With $65.4 million in cash and equivalents as of June 30, management is actively exploring financing alternatives to extend its operational runway beyond September 2026, when a $15.8 million debt payment falls due.

Clinical efforts remain anchored by the Phase 3 SENTRY trial, which demonstrated that selinexor can induce rapid and sustained spleen volume reduction. Following the trial's success, the company is prioritizing its myelofibrosis and multiple myeloma programs, having recently deprioritized its endometrial cancer pipeline after the XPORT-EC-042 trial failed to meet its primary progression-free survival endpoint. Karyopharm has reaffirmed its full-year 2026 revenue guidance of $130 million to $150 million, banking on the potential regulatory success of its lead candidate to bolster its long-term market position.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!