
CRNX — Crinetics Pharmaceuticals Inc
NASDAQ · Healthcare · Biotechnology
$84.86
+$0.08 (+0.09%)
Crinetics Pharmaceuticals Inc (CRNX) is a biotechnology company listed on NASDAQ. It is led by R. Scott Struthers Ph.D., based in 6055 Lusk Boulevard, San Diego, CA, United States, 92121, with about 437 employees. Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors. It is also developing Atumelnant, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and cushing's disease; and CRN09682, a nonpeptide drug conjugate for SST2 positive solid tumors. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease; SST3 Agonist program for the treatment for autosomal dominant polycystic kidney disease; and Radionetics for multiple solid-tumors, as well as Oral GLP-1 and Oral GIP nonpeptides for the treatment of obesity. The company has an agreement with Sanwa Kagaku Kenkyusho Co., Ltd to develop and commercialize Paltusotine in Japan, and Cellular Longevity, Inc. to develop and commercialize CRN01941, a somatostatin receptor type 2 agonist. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.
Latest reported CRNX revenue for 2025-09-30 was $143.0K. Net income was -$130.1M. Revenue was down 86.1% from 2025-06-30 to 2025-09-30. CRNX currently screens at market cap $2.76B.
On the latest cached filing, CRNX to acquire platform ($10B) (8-K 2026-09-01). Exhibit numbers: Deal $10B. Why it matters: Transaction value about $10B This CRNX stock page is the analysis view: what changed in the numbers, and why it matters for Crinetics Pharmaceuticals Inc.
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What changed in CRNX
8-K · 2026-09-01
CRNX to acquire platform ($10B)
Why it matters
- Transaction value about $10B
About Crinetics Pharmaceuticals Inc
Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors. It is also developing Atumelnant, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and cushing's disease; and CRN09682, a nonpeptide drug conjugate for SST2 positive solid tumors. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease; SST3 Agonist program for the treatment for autosomal dominant polycystic kidney disease; and Radionetics for multiple solid-tumors, as well as Oral GLP-1 and Oral GIP nonpeptides for the treatment of obesity. The company has an agreement with Sanwa Kagaku Kenkyusho Co., Ltd to develop and commercialize Paltusotine in Japan, and Cellular Longevity, Inc. to develop and commercialize CRN01941, a somatostatin receptor type 2 agonist. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.
CRNX Key Statistics
Market Cap
$2.76B
Volume
1.24M
Previous Close
$84.78
Day Range
$84.78 – $84.86
EPS
-$3.69
Revenue
$1.04M
Net Income
-$298.41M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
-74.1%
Profit Margin
-28720.7%
Employees
437
CRNX Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $1.04M | $4.01M | $4.74M | $1.08M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$298.41M | -$214.53M | -$163.92M | -$107.64M |
| EPS (Diluted) | -$3.69 | -$3.69 | -$3.15 | -$2.80 |
Total Assets
$1.43B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$264.55M
Operating Cash Flow
-$225.97M
Free Cash Flow
$0.00
Crinetics Pharmaceuticals Inc Company Information
- Founder, President, CEO & Director
- R. Scott Struthers Ph.D.
- Headquarters
- 6055 Lusk Boulevard, San Diego, CA, United States, 92121
- Website
- www.crinetics.com
- Phone
- 858 450 6464
- IPO / Founded
- 2018-07-18
- Sector
- Healthcare
- Industry
- Biotechnology