Pioneering science to transform patient lives through innovative immunology therapies
Nektar Therapeutics is a clinical-stage biopharmaceutical company headquartered in San Francisco, California. Founded in 1990, Nektar has led development in PEGylation technology — attaching polyethylene glycol (PEG) polymer chains to drug molecules to improve their pharmacokinetics. The company subsequently pivoted to immunology, developing novel small-molecule and biologic therapies for conditions including atopic dermatitis and multiple sclerosis. Its lead asset NKTR-0165 demonstrated strong Phase 2b results in eczema in early 2026. Nektar went public in 1994 (Nasdaq: NKTR).
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