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Published on 6/29/2006 in the Prospect News Biotech Daily.

RBC keeps Cytokinetics at sector perform

Cytokinetics, Inc. was maintained at sector perform, speculative risk, by RBC Capital Markets analyst Jason Kantor. The company's lead cardiovascular candidate CK-1827452 is the most important near- and long-term value driver, according to the analyst. RBC believes Cytokinetics will move ispinesib for cancer into a phase 3 combination study. Shares of the South San Francisco, Calif.-based biopharmaceutical company were up 28 cents, or 4.47%, at $6.55 on volume of 467,167 shares versus the three-month running average of 116,028 shares. (Nasdaq: CYTK)


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