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Crinetics Pharmaceuticals (CRNX) investor relations material
Crinetics Pharmaceuticals 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business and Commercial Highlights
Achieved approval and successful launch of Palsinify (paltusotine) for acromegaly, with over 200 patients enrolled, strong prescriber adoption, and over $5 million in preliminary Q4 2025 net product revenue.
Built a fully integrated pharmaceutical company with robust infrastructure, commercial operations, and R&D, supported by approximately $1.4 billion in cash and investments as of January 2026, providing runway through 2030.
Strategic partnerships and spinouts include licensing paltusotine in Japan and collaborations in animal health, radiopharmaceuticals, and technology out-licensing.
Extensive patient support services and Quick Start program facilitate access and adherence, with payer acceptance and most prior authorizations granted for 12 months.
Positive patient testimonials highlight meaningful impact of PALSONIFY, improving quality of life for those with acromegaly.
Pipeline and Clinical Development
Advanced late-stage pipeline includes paltusotine for acromegaly and carcinoid syndrome, atumelnant for adult and pediatric CAH and ACTH-dependent Cushing's syndrome, and CRN09682 for neuroendocrine tumors.
Phase 3 trials underway for paltusotine in carcinoid syndrome and atumelnant in adult CAH, with pediatric CAH trial planned for 1H2026; Phase 1/2 underway for CRN09682.
Paltusotine showed positive Phase 2 data in carcinoid syndrome, reducing flushing and bowel movement frequency, and is being evaluated in a Phase 3 trial.
Atumelnant demonstrated robust efficacy and safety in Phase 2, with up to 80% reduction in A4 biomarker and no serious or severe treatment-related adverse events.
CRN09682, a novel small molecule targeting SST2, showed promising preclinical results and entered Phase 1/2 for neuroendocrine tumors.
Growth Strategy and Market Access
Focused on expanding prescriber base and patient activation, especially among untreated and undiagnosed acromegaly patients.
Real-world data and patient ambassador programs to drive awareness and adoption, with ongoing efforts to improve diagnosis rates and broaden market reach for Palsinify.
No plans to discount to commercial payers; gross to net driven by payer mix and 340B institution participation.
Achieved payer acceptance, with CVS Caremark adding Palsinify to formulary.
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