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Nektar Therapeutics Is Up 150%: What’s Happening With NKTR Stock?

  • Nektar Therapeutics announced positive 16-week Phase 2b REZOLVE-AD results for rezpegaldesleukin treating moderate-to-severe atopic dermatitis on Tuesday.
  • The study included 393 participants and focused on assessing improvements in atopic dermatitis severity using the EASI scoring system, comparing the effects of the treatment to a placebo.
  • All three doses met primary and key secondary endpoints, showing 53% to 61% symptom improvement and significant reductions in itch and skin severity.
  • Nektar's stock surged over 100% Tuesday, reaching $20 per share, though analyst Andy Hsieh called this a "valuation normalization event" rather than a sign of differentiated value.
  • The results position Nektar as an attractive acquisition target with peak sales potential exceeding $2 billion, but investors still face risks from future clinical and regulatory hurdles.
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Arizona Daily Sun broke the news in on Monday, June 23, 2025.
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