Kura Oncology Announces Senior Executive Promotions
January 06 2025 - 4:30PM
Kura Oncology, Inc. (NASDAQ: KURA), a clinical-stage
biopharmaceutical company committed to realizing the promise of
precision medicines for the treatment of cancer, today announced
that Mollie Leoni, M.D., has been promoted to Chief Medical Officer
after serving as Executive Vice President of Clinical Development
and clinical lead for the Company’s ziftomenib program since 2020.
In addition, Francis Burrows, Ph.D., has been promoted to Chief
Scientific Officer after leading the Company’s translational
research efforts for the past nine years. Stephen Dale, M.D., has
stepped down as Chief Medical Officer, effective as of January 2,
2025, to focus on recovery from personal health challenges.
“Stephen has been a key contributor to our development programs
over the past several years,” said Troy Wilson, Ph.D., J.D.,
President and CEO of Kura Oncology. “Under his leadership, we
successfully navigated Project Optimus, advanced ziftomenib through
a first registration-enabling study and laid the foundation for
KO-2806 as a promising combination partner across multiple solid
tumor indications. On behalf of our team at Kura, we thank Stephen
for his invaluable contributions to our team, culture and programs
and wish him well as he prioritizes his health.”
“We are very fortunate to have such exceptional leaders ready to
lead our research and development organization,” Dr. Wilson
continued. “Mollie’s proven leadership and expertise have
positioned ziftomenib as a potentially transformational therapy for
patients with acute myeloid leukemia (AML). Additionally, Francis
has been instrumental in driving our pipeline innovation, with
programs addressing gastrointestinal stromal tumors, diabetes,
clear cell renal cell carcinoma and KRAS-mutated non-small cell
lung cancer. I look forward to working closely with Mollie and
Francis as we continue to advance our mission and maximize the
value of all our programs.”
Dr. Leoni joined Kura in February 2020 as Vice President of
Clinical Development and was promoted to Executive Vice President
of Clinical Development in July 2023. With a robust background in
oncology and orphan drug disease development, she previously served
as Executive Director of Medical Science at Kyowa Kirin, where she
led clinical efforts for several oncology programs, including
mogamulizumab, which achieved international registration for
cutaneous T- cell lymphoma. Dr. Leoni earned her undergraduate and
medical degrees from the University of Pennsylvania and completed
extensive training bioethics before entering postgraduate training
at Thomas Jefferson University.
Dr. Burrows joined Kura in July 2014 as Vice President of
Translational Biology, bringing more than 20 years of experience in
drug discovery and development. Throughout his career, he has
focused on the biology of disease, primarily cancer, and the
discovery and development of small molecule drugs. His career
includes founding two biotech startups, including Conforma
Therapeutics, acquired by Biogen in 2006. At Biogen, Francis
spearheaded multiple oncology programs and explored the use of
Hsp90 inhibitors for neurodegenerative and autoimmune diseases. He
earned his Ph.D. in immunology and completed his training in London
and Dallas, specializing in antibody-based therapeutics for
cancer.
About Kura Oncology
Kura Oncology is a clinical-stage biopharmaceutical company
committed to realizing the promise of precision medicines for the
treatment of cancer. The Company’s pipeline consists of small
molecule drug candidates that target cancer signaling pathways.
Ziftomenib, a once-daily, oral menin inhibitor, is the first and
only investigational therapy to receive Breakthrough Therapy
Designation from the U.S. Food and Drug Administration for the
treatment of relapsed/refractory (R/R) NPM1-mutant AML. In November
2024, Kura entered a global strategic collaboration agreement with
Kyowa Kirin Co., Ltd. to develop and commercialize ziftomenib for
AML and other hematologic malignancies. Enrollment in a Phase 2
registration-directed trial of ziftomenib in R/R NPM1-mutant AML
has been completed and the companies anticipate submission of a New
Drug Application in 2025. Kura is also conducting a series of
clinical trials to evaluate ziftomenib in combination with current
standards of care in newly diagnosed and R/R NPM1-mutant and
KMT2A-rearranged AML. KO-2806, a next-generation farnesyl
transferase inhibitor, is being evaluated in a Phase 1
dose-escalation trial as a monotherapy and in combination with
targeted therapies. Tipifarnib, a potent and selective FTI, is
currently in a Phase 1/2 trial in combination with alpelisib for
patients with PIK3CA-dependent head and neck squamous cell
carcinoma. For additional information, please visit Kura’s website
at https://kuraoncology.com/ and follow us on X and LinkedIn.
Forward-Looking Statements
This news release contains certain forward-looking statements
that involve risks and uncertainties that could cause actual
results to be materially different from historical results or from
any future results expressed or implied by such forward-looking
statements. Such forward-looking statements include statements
regarding, among other things, the therapeutic potential and
potential success of Kura’s product candidates and the anticipated
submission of a New Drug Application for ziftomenib in 2025.
Factors that may cause actual results to differ materially include
the risk that compounds that appeared promising in early research
or clinical trials do not demonstrate safety and/or efficacy in
later preclinical studies or clinical trials, the risk that Kura
may not obtain approval to market its product candidates,
uncertainties associated with performing clinical trials,
regulatory filings, applications and other interactions with
regulatory bodies, risks associated with reliance on third parties
to successfully conduct clinical trials, the risks associated with
reliance on outside financing to meet capital requirements, and
other risks associated with the process of discovering, developing
and commercializing drugs that are safe and effective for use as
human therapeutics, and in the endeavor of building a business
around such drugs. You are urged to consider statements that
include the words “may,” “will,” “would,” “could,” “should,”
“believes,” “estimates,” “projects,” “promise,” “potential,”
“expects,” “plans,” “anticipates,” “intends,” “continues,”
“designed,” “goal,” or the negative of those words or other
comparable words to be uncertain and forward-looking. For a further
list and description of the risks and uncertainties the Company
faces, please refer to the Company’s periodic and other filings
with the Securities and Exchange Commission, which are
available at www.sec.gov. Such forward-looking statements are
current only as of the date they are made, and Kura assumes no
obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise.
Kura Contacts
Investors:Patti BankManaging Director(415)
513-1284patti.bank@icrhealthcare.com
Media:Cassidy McClainVice PresidentInizio Evoke Comms(619)
849-6009cassidy.mcclain@inizioevoke.com
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