The Bull Case For Cytokinetics (CYTK) Could Change Following Positive CHMP Opinion On MYQORZO Approval - Learn Why

Simplywall
2025.12.14 19:40
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Cytokinetics received a positive opinion from the EMA's Committee for Medicinal Products for Human Use recommending EU marketing authorization for MYQORZO (aficamten) to treat symptomatic obstructive hypertrophic cardiomyopathy in adults. This opinion, based on Phase 3 SEQUOIA-HCM data, supports aficamten as a potential new standard-of-care. However, there are still risks related to approval timing, reimbursement, and market uptake. Cytokinetics projects $649.5 million revenue and $90.6 million earnings by 2028, requiring significant growth. The stock's fair value is estimated at $79.56, a 26% upside to its current price.