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Karuna Therapeutics, Inc. Stock Price

NasdaqGM:KRTX Community·US$12.6b Market Cap
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KRTX Share Price Performance

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Snowflake Analysis

High growth potential with excellent balance sheet.

3 Risks
2 Rewards

Karuna Therapeutics, Inc. Key Details

US$654.0k

Revenue

US$0

Cost of Revenue

US$654.0k

Gross Profit

US$434.3m

Other Expenses

-US$433.7m

Earnings

Last Reported Earnings
Dec 31, 2023
Next Reporting Earnings
n/a
-11.37
100.00%
-66,311.93%
0%
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About KRTX

Founded
2009
Employees
339
CEO
William Meury
WebsiteView website
www.karunatx.com

Karuna Therapeutics, Inc., a clinical-stage biopharmaceutical company, creates and delivers transformative medicines for people living with psychiatric and neurological conditions. Its lead product candidate includes KarXT, an oral modulator of muscarinic receptors for the treatment of acute psychosis in patients with schizophrenia; and for the treatment of central nervous system disorders, such as negative and cognitive symptoms of schizophrenia and psychosis, as well as for the treatment of various peripheral tissues and dementia-related psychosis, including Alzheimer's disease. The company also focuses on developing other muscarinic-targeted drug candidates; and intends to develop lead candidature TRPC4/5 and KAR-2618 for the treatment of depressive disorder. Karuna Therapeutics, Inc. has a license agreement with Eli Lilly and Company, and Zai Lab (Shanghai) Co., Ltd; patent license agreement with PureTech Health LLC; and drug discovery partnership with Charles River Laboratories, as well as drug discovery collaboration with PsychoGenics, Inc. The company was formerly known as Karuna Pharmaceuticals, Inc. and changed its name to Karuna Therapeutics, Inc. in March 2019. Karuna Therapeutics, Inc. was incorporated in 2009 and is headquartered in Boston, Massachusetts.

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