Keros Therapeutics

Keros Therapeutics

KROSPhase 2

Keros Therapeutics is focused on discovering and developing innovative treatments for patients with serious diseases by modulating the signaling pathways of the TGF-β protein superfamily. The company leverages its deep understanding of TGF-β biology to develop protein therapeutics that aim to correct imbalances in these pathways, which are implicated in hematopoiesis, muscle regeneration, and bone formation. Its pipeline includes multiple investigational candidates targeting conditions like anemia, pulmonary arterial hypertension, and muscle atrophy. Keros has advanced its lead asset into mid-stage clinical trials and has built a robust discovery platform to generate additional novel therapies.

Market Cap
$216.1M
Employees
50-100
Focus
Biotech

KROS · Stock Price

USD 10.9640.14 (-78.55%)

Historical price data

AI Company Overview

Keros Therapeutics is focused on discovering and developing innovative treatments for patients with serious diseases by modulating the signaling pathways of the TGF-β protein superfamily. The company leverages its deep understanding of TGF-β biology to develop protein therapeutics that aim to correct imbalances in these pathways, which are implicated in hematopoiesis, muscle regeneration, and bone formation. Its pipeline includes multiple investigational candidates targeting conditions like anemia, pulmonary arterial hypertension, and muscle atrophy. Keros has advanced its lead asset into mid-stage clinical trials and has built a robust discovery platform to generate additional novel therapies.

Technology Platform

Engineered ligand trap platform designed to selectively modulate signaling pathways of the TGF-β protein superfamily, including activins, GDFs, and BMPs, to treat disorders of blood, muscle, and bone.

Pipeline Snapshot

2

2 drugs in pipeline

DrugIndicationStage
KER-047Iron Deficiency AnemiaPhase 2
Dose A KER-012 + Dose B KER-012 + Dose C KER-012 + Placebo for 24 Weeks followed...Pulmonary Arterial HypertensionPhase 2

Funding History

2

Total raised: $142M

IPO$86MUndisclosedJul 16, 2020
Series A$56MEventide Asset ManagementJun 15, 2018

Opportunities

Keros has significant opportunities in large, underserved markets like MDS-associated anemia and PAH.
Positive Phase 2 data could lead to pivotal trials, partnerships, or strategic acquisition interest.
Its platform also allows for expansion into additional indications in muscle, bone, and metabolic diseases.

Risk Factors

Key risks include clinical trial failures, regulatory setbacks, intense competition from approved and pipeline drugs, and the future need to raise capital or build commercial capabilities, which could dilute shareholders.

Competitive Landscape

Keros faces competition from Bristol Myers Squibb's Reblozyl in MDS anemia and numerous vasodilator therapies in PAH. Its differentiation lies in its novel TGF-β ligand trap mechanism targeting specific pathways implicated in disease pathology, aiming for broader efficacy or disease modification.

Publications
8
Patents
12
Pipeline
2

Company Info

TypeTherapeutics
Founded2016
Employees50-100
LocationLexington, United States
StagePhase 2
RevenuePre-revenue

Trading

TickerKROS
ExchangeNASDAQ

Therapeutic Areas

HematologyMusculoskeletalPulmonaryMetabolic
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