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Korsana Biosciences, Inc. (KRSA)

US · Healthcare · Biotechnology

$31.05+2.04%
Last close · 2026-11-06

Latest quarter · ended 2026-06-30

Net profit
$-1.8M
EPS
$-2.89

Key statistics

Market cap
$1.39B
Forward P/E
0.0
P/B
0.00
Book value
$-7.84
EPS (TTM)
$-7.07
52-week high
$59.36
52-week low
$7.19
50-day MA
$31.31
200-day MA
$22.28
Beta
1.84

Analyst view

Analysts rate Korsana Biosciences, Inc. a strong buy (5 buy, 0 hold, 0 sell out of 5) with an average price target of $44.00.

Shareholding

Insiders
11.01%
Institutions
45.26%

Recent filings & reports

DocumentDate
Quarterly report · Q3 2026
HEADLINE NUMBERS • Revenue was $0; the company reported a net loss of $77.295 million for the nine months ended September 30, 2026, compared with $21
2026-11-05
Results announced · Q4 2026
HEADLINE NUMBERS • Cash and cash equivalents were approximately $456.2 million as of September 30, 2026, compared with $154.1 million at December 31,
2026-11-05
Proxy statement · Q4 2026
EXECUTIVE PAY • CEO total compensation and change: The provided proxy-statement excerpt does not disclose Jonathan Violin, Ph.D.’s total compensation
2026-10-15
Results announced · Q3 2026
KORSANA BIOSCIENCES, INC. – FINANCIAL SUMMARY HEADLINE NUMBERS • Cash position (June 30, 2026): $121.2 million in cash and cash equivalents; $101,00
2026-09-11
Shareholder vote results · Q3 2026
CYCLERION THERAPEUTICS, INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Shareholder meeting held: August 26, 2026 • Shares outstanding (record date July
2026-08-27
Company announcement · Q3 2026
CYCLERION THERAPEUTICS, INC. - 8-K SUMMARY HEADLINE NUMBERS • Company: Cyclerion Therapeutics, Inc. (NASDAQ: CYCN) • Document date: August 25, 2026
2026-08-25
Quarterly report · Q2 2026
CYCLERION THERAPEUTICS, INC. – 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Cash position: $1,391k at June 30, 2026 vs. $3,240k at December 31, 2025 (5
2026-08-04
Quarterly report · Q1 2026
CYCLERION THERAPEUTICS, INC. — 10-Q SUMMARY Quarter Ended March 31, 2026 --- HEADLINE NUMBERS • Cash position: $2.823 million (down from $3.240 mil
2026-05-12

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Corporate actions

ActionDetailDate
Split1 : 7
effective Sep 9, 2026
2026-09-09

Deals & corporate news

AnnouncementDate
Completed merger with another biotech alongside a concurrent private placement
Korsana completed its merger with Cyclerion Therapeutics and raised $380 million through a private placement in September 2026. It ended September with about $456.2 million in cash and equiv
2026-11-05
Merger with Korsana completed; shareholder approvals obtained at annual meeting
Cyclerion Therapeutics merged with Korsana Biopharmaceuticals in a reverse merger transaction that closed on September 9, 2026. Here's what happened: KEY TRANSACTION DETAILS: - Korsana rais
2026-09-11
Merger agreement with Korsana Biosciences entered into and subsequently amended
Cyclerion Therapeutics held a shareholder meeting on August 26, 2026, to vote on a merger with Korsana Biosciences. Shareholders approved the issuance of Cyclerion shares (representing over
2026-08-27
Company enters merger agreement with Korsana
Cyclerion Therapeutics announced on April 1, 2026, that it entered into a merger agreement with Korsana. As part of this transaction, the company updated the employment terms for Regina Grau
2026-04-01
Licensee initiates Phase 2 clinical trials for licensed drug candidate
Cyclerion Therapeutics announced that its partner Akebia Therapeutics has initiated Phase 2 clinical trials for Praliciguat, a drug licensed from Cyclerion, to treat focal segmental glomerul
2025-12-01

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Data updated 2026-11-07.