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Onyx @ Jefferies: Warner Biddle, CEO, Kyverna Therapeutics

Fresh momentum from Jefferies and a new $150 million non-dilutive financing has extended its runway into 2027.

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Kyverna Therapeutics is emerging as one of the most closely watched players in autoimmune cell therapy.

Their CD19 CAR-T program KYV-101 is advancing toward registrational studies in stiff person syndrome and myasthenia gravis.

Fresh momentum from Jefferies and a new $150 million non-dilutive financing has extended its runway into 2027.

This positions Kyverna as a potential first-mover in durable, drug-free remission for autoimmune disease.

At Jefferies 2025, I had the pleasure of catching up with CEO Warner Biddle, who gave me the full scoop.

I hope you enjoy watching!

Yours sincerely,
Dr. Adil Ali