CYCN · Cyclerion Therapeutics
Acquired Company
Korsana Biosciences completed a merger with Cyclerion Therapeutics on September 8, 2026, and the combined company will operate under the Korsana Biosciences name and trade under ticker KRSA.
Cyclerion Therapeutics, Inc., a biopharmaceutical company, engages in the development of treatments for serious diseases serious diseases with novel sGC stimulators in both the central nervous system (CNS) and the periphery. The company is developing Olinciguat, an orally administered vascular soluble guanylate cyclase (sGC) stimulator, which is in Phase 2 clinical trial to treat cardiovascular diseases; and Praliciguat, a systemic sGC stimulator for the treatment of rare kidney disease. It has a license agreement with Akebia to develop, manufacture, medical affair, and commercializes Praliciguat and other related products. The company was incorporated in 2018 and is headquartered in Cambridge, Massachusetts.
Market Cap
15.73M
52 Wk Range
$2.82 - $59.36
Previous Close
$23.52
Open
$3.72
Volume
435,847
Day Range
$2.82 - $23.52
Enterprise Value
14.62M
Cash
1.391M
Avg Qtr Burn
-1.432M
Insider Ownership
N/A
Institutional Own.
N/A
Qtr Updated
Jun 30th 2026
