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Kura Oncology Secures $30 Million Milestone Payment in Ziftomenib AML Program with Kyowa Kirin

Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company focused on precision cancer treatments, has received a $30 million development milestone payment from its collaboration partner Kyowa Kirin. The milestone was triggered by the first patient dosing in the KOMET-017 Phase 3 clinical trial, evaluating ziftomenib, a promising menin inhibitor for acute myeloid leukemia (AML).

Milestone Marks Key Progress in AML Research

The KOMET-017 trial is a global, randomized, double-blind, placebo-controlled Phase 3 study assessing ziftomenib in combination with both intensive and non-intensive chemotherapy regimens. The study targets patients newly diagnosed with NPM1-mutated (NPM1-m) or KMT2A-rearranged (KMT2A-r) AML—two subtypes that present significant treatment challenges.

Kura Oncology believes the KOMET-017 program is currently the only menin inhibitor study in active registrational trials across both chemotherapy settings, underscoring the company’s leadership in the space of targeted leukemia therapies.

“This milestone demonstrates the continued momentum of our ziftomenib program and our strong collaboration with Kyowa Kirin,” the company said in its statement.

Partnership with Kyowa Kirin Strengthens Global Reach

The strategic collaboration between Kura Oncology and Kyowa Kirin continues to accelerate the development of ziftomenib as a potential first-in-class precision medicine. The partnership includes co-development and commercialization opportunities, allowing Kura to benefit from Kyowa Kirin’s established presence in Asian markets while focusing on clinical and regulatory progress in the U.S. and Europe.

The $30 million milestone payment provides additional financial resources to advance the ziftomenib clinical program, ensuring sustained progress toward regulatory submission and potential market entry.

About Ziftomenib and Its Potential

Ziftomenib is an oral, once-daily menin inhibitor that targets specific genetic drivers of AML. By inhibiting menin—a protein that contributes to the abnormal gene expression in certain leukemias—ziftomenib aims to restore normal cell differentiation and reduce cancer proliferation.

This mechanism represents a major breakthrough in the treatment of AML, offering a targeted approach that may improve outcomes for patients with genetic mutations that historically lead to poor prognosis.

If successful, ziftomenib could become a cornerstone therapy in precision oncology, addressing an unmet need for safer and more effective leukemia treatments.

Financial and Clinical Implications

For Kura Oncology, the milestone payment reinforces investor confidence and strengthens the company’s cash position. The achievement highlights the firm’s ability to meet key clinical and strategic objectives, positioning it for long-term success in the oncology sector.

The company’s continued progress also reflects growing global recognition of menin inhibition as a transformative therapeutic approach, with potential applications extending beyond hematologic malignancies to solid tumors.

Looking Ahead

With the KOMET-017 Phase 3 trial now underway, Kura Oncology and Kyowa Kirin plan to continue patient enrollment through 2026. Results from early-stage studies have already demonstrated encouraging efficacy and tolerability, suggesting that ziftomenib could become a key player in next-generation AML therapies.

The collaboration’s success may also open doors to future combination studies exploring ziftomenib alongside other targeted agents or immunotherapies.

Conclusion

Kura Oncology’s $30 million milestone marks a significant step forward in AML treatment innovation. By advancing the ziftomenib program through Phase 3 trials, Kura and Kyowa Kirin are not only deepening their partnership but also moving closer to delivering a novel precision therapy that could reshape the AML treatment landscape.


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by Honey

Major U.S. Airports Face Widespread Flight Disruptions The Federal Aviation Administration (FAA) has ordered an immediate 10% reduction in air traffic at 40 major U.S. airports, including Denver Airport, Dulles Airport, and Newark Airport, due to staffing shortages caused by the ongoing government shutdown. The move has already triggered flight cancellations today, affecting both commercial and private aircraft operations across the country. Transportation Secretary Sean Duffy confirmed that the decision aims to preserve air safety as the FAA faces limited operational capacity. The restriction will remain in effect until normal staffing resumes, putting additional strain on airlines and passengers ahead of the busy travel season. Denver Airport Faces Significant Delays Denver Airport has been among the hardest hit by the FAA’s new directive. Airport officials reported that hundreds of flights were delayed or cancelled due to restricted airspace capacity. Travelers have been advised to check their flight status before heading to the terminal as delays are expected to continue throughout the weekend. A spokesperson for Denver International Airport said: “We are working closely with the FAA and airlines to manage schedules effectively. However, travelers should expect longer wait times and possible flight cancellations today due to the nationwide flight reductions.” The restriction also impacts United Airlines flight status at Denver Airport, one of the carrier’s key hubs. Many passengers have already reported flight delays on both domestic and international routes. Dulles and Newark Airports Also Affected Along with Denver Airport, Dulles Airport and Newark Airport have been forced to adjust flight schedules as part of the FAA’s 10% air traffic reduction. The order covers both commercial and private aircraft, limiting departures and arrivals throughout the day. Several United Airlines flight status and Delta flight status updates indicate numerous route changes and cancellations across the East Coast. Airlines have also begun proactively adjusting schedules to prevent overcrowding at terminals. Airlines Respond to the FAA Restrictions Leading U.S. airlines, including United, Delta, and American, have begun implementing contingency plans. Delta flight status trackers show that several routes through Denver Airport and MCO Airport (Orlando International) have been delayed by several hours. United Airlines issued a statement advising passengers to check their flight status regularly and offering flexible rebooking options without additional charges. The carrier has temporarily reduced frequency on select domestic routes to align with FAA requirements. Private Flights Limited at Major Airports The FAA order also restricts private jet operations at major airports such as Dulles Airport, Newark Airport, and Denver Airport. The new policy prioritizes commercial flights to ensure passenger movement while scaling back non-essential traffic. Private aviation companies have expressed frustration, citing significant business disruptions. Industry analysts expect private flight delays to continue until full staffing levels return at air traffic control centers. Nationwide Impact on Travelers With flight cancellations today across major hubs, thousands of passengers are facing travel chaos. Airlines and airports have urged travelers to verify their flight status before leaving home and to arrive early in case of security or boarding delays. Travel experts recommend …

by Honey

The cryptocurrency market has witnessed heightened volatility this week, with XRP plunging by more than 10% amid dwindling bullish momentum. According to Cryptopolitan, large XRP investors — often referred to as whales — are diversifying into Mutuum Finance (MUTM), a rising DeFi project that has quickly gained traction for its lending-based ecosystem and real-yield tokenomics. XRP Price Struggles Amid Market Pressure The XRP price has been trading within a tight range of $2.16 to $2.52, hovering near its critical Fibonacci support level of 0.382. While bulls are attempting to defend this zone, XRP continues to face resistance around its Exponential Moving Average (EMA) levels, limiting its potential breakout. Analysts suggest that for XRP to regain upward momentum, it must breach the $2.52 resistance. A successful breakout could open the path toward $2.77 to $3.10, but failure to hold support may push prices as low as $1.94. Despite the correction, data shows that open interest in XRP is rising, signaling an impending wave of volatility — though whether it will favor bulls or bears remains uncertain. This unpredictability has led several major holders to reallocate portions of their portfolios into emerging decentralized finance (DeFi) projects like Mutuum Finance, which some describe as a safer bet for short-term growth. Why XRP Whales Are Betting on Mutuum Finance As XRP struggles to maintain momentum, Mutuum Finance (MUTM) has emerged as a promising DeFi token. Priced at $0.035 during its Stage 6 presale, the project has already attracted over 17,800 investors and raised $18.5 million. With 85% of this stage sold, the project is rapidly approaching Phase 7, where the token price will increase to $0.04. The appeal lies in Mutuum Finance’s focus on real yield DeFi mechanics, allowing users to earn passive income through collateralized lending and borrowing systems. By combining transparency, risk management algorithms, and user rewards, the platform positions itself as a utility-driven alternative within a crowded DeFi landscape. For XRP investors, the logic is simple — diversify into projects offering utility and yield potential, especially as regulatory challenges and technical resistance weigh on Ripple’s short-term price action. Mutuum Finance: A DeFi Project on the Rise Mutuum Finance aims to bridge the gap between decentralized lending and sustainable yield generation. Its upcoming Sepolia testnet, expected to launch in Q4 2025, will allow users to deposit ETH or USDT as collateral, borrow funds, and earn rewards through mtTokens that generate MUTM incentives. The testnet will also evaluate core financial functionalities such as: These systems are designed to enhance user trust and platform longevity before a full mainnet rollout in 2026. Ripple vs. DeFi: A Strategic Shift The shift by XRP whales toward Mutuum Finance highlights a growing trend — investors are looking beyond traditional blockchain projects to DeFi ecosystems that promise consistent returns and innovation. While XRP remains a cornerstone of cross-border payment solutions, its price is increasingly influenced by market speculation, macroeconomic shifts, and ongoing legal scrutiny from regulatory authorities. In contrast, projects like Mutuum Finance leverage blockchain’s utility through decentralized …

by Honey

Major Corporate Consolidation in India’s Auto Sector The National Company Law Tribunal (NCLT) has officially approved the merger of Suzuki Motor Gujarat Pvt Ltd (SMG) with Maruti Suzuki India Ltd (MSIL), marking a significant milestone in India’s automotive sector. The tribunal’s green light clears the way for a major corporate consolidation that aims to streamline operations, improve efficiency, and enhance shareholder value for the country’s largest carmaker. A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of amalgamation on November 8, 2025, with April 1, 2025, set as the effective date. In its order, the NCLT stated that there was “no impediment in sanctioning the present scheme,” emphasizing that the merger aligns with the interests of shareholders, employees, and creditors. No Objections from Regulators or Stakeholders According to the Times of India report, all statutory authorities, including the Income Tax Department, Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), BSE, and NSE, either supported the merger or raised no objections within the stipulated time. The NCLT noted that the merger application, filed under Sections 230 to 232 of the Companies Act, 2013, will be binding on both Suzuki Motor Gujarat and Maruti Suzuki India, as well as their respective shareholders and creditors. The tribunal also directed that Suzuki Motor Gujarat “shall stand dissolved without the necessity of a winding-up process” once the merger is implemented and a certified copy of the order is filed with the Registrar of Companies. Streamlining Operations for Greater Efficiency The merger is expected to bring several operational advantages for Maruti Suzuki India. Both companies stated in their joint petition that the consolidation will lead to cost efficiencies, administrative streamlining, and faster decision-making. According to their filing, the amalgamation will help eliminate duplication of administrative functions, reduce overhead costs, and enhance manufacturing productivity. The companies also highlighted improvements in key performance indicators such as hours per vehicle (HPV) and direct pass rate, which measure production quality and efficiency. All employees of Suzuki Motor Gujarat will be absorbed into Maruti Suzuki India after the merger becomes effective, ensuring a smooth workforce transition without any layoffs or job insecurity. Background of the Merger Suzuki Motor Corporation (Japan), which owns 58.28% of Maruti Suzuki India’s paid-up share capital, had proposed the merger to simplify its corporate structure and consolidate its manufacturing and sales operations in India. Suzuki Motor Gujarat, established in 2014 as a wholly-owned subsidiary of Suzuki Motor Corporation, manufactures vehicles and supplies them exclusively to Maruti Suzuki India. With this merger, Maruti Suzuki will gain full ownership and operational control over its Gujarat manufacturing facility, which currently produces over 750,000 vehicles annually. This move is expected to strengthen Maruti’s manufacturing capacity, streamline production planning, and reduce procurement and logistical redundancies. NCLT’s Approval and the Road Ahead The NCLT’s approval follows its earlier first motion order passed on June 10, 2025, which cleared the way for the final hearing. With the merger …