Krystal(KRYS)
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Krystal Biotech (KRYS) Gains 36% Year to Date: Here's Why
zacks.com· 2024-05-24 00:11
Shares of the commercial-stage biotechnology company, Krystal Biotech, Inc. (KRYS) , surged 36.5% year to date against the industry’s decline of 4.3%. This was due to the strong uptake of its newly approved drug Vyjuvek and encouraging pipeline progress.In May 2023, the FDA approved Vyjuvek, the first ever redosable gene therapy for treating patients aged six months or older with dystrophic epidermolysis bullosa (DEB).DEB is a rare and severe monogenic disease that affects the skin and mucosal tissues. It i ...
Krystal Biotech to Present at the American Thoracic Society 2024 International Conference
GlobeNewsWire· 2024-05-15 19:00
PITTSBURGH, May 15, 2024 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS), a commercial-stage biotechnology company, announced today that the Company will be presenting new preclinical data on respiratory genetic medicine candidates KB407 and KB408 at the American Thoracic Society (ATS) 2024 International Conference being held from May 17-22, 2024 in San Diego, California. KB407 and KB408 are modified, replication-defective, non-integrating HSV-1 vectors formulated for inhaled delive ...
Krystal(KRYS) - 2024 Q1 - Earnings Call Transcript
2024-05-06 23:44
财务数据和关键指标变化 - 第一季度VYJUVEK净产品收入为4530万美元,这是公司自2023年5月获批以来的首个可比期间收入 [46] - 毛利率为95%,较上一季度提高2个百分点,预计未来几个季度将保持在90%以上,并逐步提高至95%以上 [46][47] - 销售、一般及管理费用为2610万美元,较上年同期增加,主要是销售费用增加,包括患者准入计划相关成本增加约150万美元 [48] - 净利润为93.2万美元,每股基本和稀释收益为0.03美元 [49] 各条业务线数据和关键指标变化 - 公司正在加快推进VYJUVEK在欧洲和日本的上市,预计2025年在这两个市场实现上市 [37][38][39] - 公司的临床管线也在快速推进,包括肿瘤免疫治疗KB707和呼吸系统疾病治疗KB407、KB408等 [40][41][42][43][44][45] 各个市场数据和关键指标变化 - 美国市场方面,VYJUVEK获得约96%的保险覆盖,新患者转化进展良好,但转化时间仍需进一步缩短 [20][21][22][23][24][25][26][27][28] - 欧洲市场方面,公司预计将首先在德国实现上市,可能在今年年底或明年初 [74][75] - 日本市场方面,公司已完成日本患者的开放标签桥接研究,预计将于今年下半年提交新药申请 [37][38][39] 公司战略和发展方向及行业竞争 - 公司正在全面推进VYJUVEK的全球商业化,同时加快推进临床管线的发展,包括肿瘤免疫治疗、呼吸系统疾病治疗等 [7][9][10][37][40][41][42][43][44][45] - 公司正在扩大VYJUVEK的制造能力,包括提升现有批准的制造工艺、持续工艺改进,以及今年晚些时候启动与阿斯利康的技术转移 [11] - 公司在罕见病领域具有独特的优势,正在利用自身的HSV基因递送平台开发多种创新疗法 [7][10] 管理层对经营环境和未来前景的评论 - 公司对VYJUVEK在美国的商业化前景充满信心,预计2024年全年收入目标可以实现甚至超额完成 [14][17] - 公司看好VYJUVEK在欧洲和日本市场的前景,正在加快推进这两个市场的上市进程 [37][38][39][74][75] - 公司对自身的临床管线发展前景也充满信心,未来一年将有多个重要临床数据读出 [40][41][42][43][44][45] 问答环节重要的提问和回答 问题1 **Alec Stranahan提问** 询问了患者依从性和新患者转化时间的情况 [56][57][58][59][60] **公司回应** 公司表示患者依从性非常好,新患者转化时间仍需进一步缩短,正在采取措施加以改善 [57][58][59][60] 问题2 **Ritu Baral提问** 询问了公司在欧洲和日本的商业化计划 [74][75][76][77][78][79] **公司回应** 公司表示正在积极推进欧洲和日本市场的上市准备工作,预计2025年实现在这两个市场的上市 [74][75][76][77][78][79] 问题3 **Andrea Tan提问** 询问了患者使用VYJUVEK后的伤口愈合情况 [94][95][96][97][98][99] **公司回应** 公司表示大部分患者每周使用一瓶VYJUVEK,少数患者伤口已基本愈合,但整体来看患者依从性和治疗效果都非常好 [95][96][97][98][99]
Krystal Biotech, Inc. (KRYS) Q1 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-05-06 22:11
Krystal Biotech, Inc. (KRYS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -85%. A quarter ago, it was expected that this company would post a loss of $0.52 per share when it actually produced earnings of $0.30, delivering a surprise of 157.69%.Over the last four quarters, the company h ...
Krystal(KRYS) - 2024 Q1 - Quarterly Report
2024-05-06 20:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-Q _____________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38210 _____________ ...
Krystal(KRYS) - 2024 Q1 - Quarterly Results
2024-05-06 20:04
Exhibit 99.1 Krystal Biotech Announces First Quarter 2024 Financial Results and Provides Business Updates Net product revenue of $45.3 million in 1Q and $95.9 million since August First patient dosed in inhaled KB707 study for locally advanced or metastatic tumors of the lung Received Fast Track Designations for both inhaled and intratumoral KB707 Strong balance sheet with $622.3 million in cash and investments PITTSBURGH, May 6, 2024 (GLOBE NEWSWIRE) – Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS), ...
Krystal Biotech Announces First Patient Dosed in Phase 1 Clinical Trial of Inhaled KB707 for the Treatment of Locally Advanced or Metastatic Solid Tumors of the Lung
Newsfilter· 2024-04-22 19:00
• Received Fast Track Designations for both inhaled and intratumoral KB707 PITTSBURGH, April 22, 2024 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the "Company") (NASDAQ:KRYS), a commercial-stage biotechnology company, announced today that the first patient was dosed in its Phase 1 clinical trial (KYANITE-1) evaluating inhaled KB707, a modified HSV-1 vector designed to deliver genes encoding both human interleukin-12 (IL-12) and interleukin-2 (IL-2) to the lung, for the treatment of patients with locally adva ...
Krystal Biotech (KRYS) is on the Move, Here's Why the Trend Could be Sustainable
Zacks Investment Research· 2024-04-17 21:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...
Krystal(KRYS) - 2023 Q4 - Earnings Call Transcript
2024-02-27 00:47
财务数据和关键指标变化 - 2023年第四季度净产品收入为4210万美元,全年为5070万美元 [41] - 2023年第四季度毛利率为93%,全年毛利率为94% [12] - 2023年第四季度销售、一般及管理费用为2480万美元,全年为9840万美元 [43] - 2023年第四季度净收益为870万美元,全年为1090万美元 [44] 各条业务线数据和关键指标变化 - 公司正在开发多个基于HSV-1载体的基因疗法管线,包括用于治疗DEB眼部并发症的B-VEC眼药水、用于治疗囊性纤维化和α1抗胰蛋白酶缺乏症的吸入剂以及用于肿瘤治疗的KB707 [32][34][35][36] - 公司正在推进这些管线的临床试验,预计2024年将有多个临床数据读出 [37][38] 各个市场数据和关键指标变化 - 公司正在推进VYJUVEK在欧洲和日本的上市,预计2025年实现商业化 [30][31] - 公司估计全球DEB患者总数超过2200人,其中美国有1200人已被识别 [14][17] - 公司已获得228名患者的报销批准,覆盖了93%的商业保险和88%的Medicaid患者 [20] 公司战略和发展方向及行业竞争 - 公司的目标是成为一家集研发、制造和商业化于一体的生物科技公司,开发和商业化一系列高价值的基因药物 [11] - 公司认为VYJUVEK相比于竞争对手的自体移植疗法更加方便,可以更好地满足患者需求 [84][85] - 公司正在积极拓展管线,利用HSV-1载体的独特优势开发针对多种罕见和严重疾病的基因疗法 [28] 管理层对经营环境和未来前景的评论 - 公司对VYJUVEK在美国的商业化表现感到非常满意,预计未来收入将持续增长 [10][27] - 公司对VYJUVEK在欧洲和日本的上市前景充满信心,预计2025年实现商业化 [30][31] - 公司对HSV-1载体平台的潜力感到兴奋,未来将继续推进管线的临床开发 [28][29] 问答环节重要的提问和回答 问题1 **Alec Stranahan 提问** 询问从患者申请到开始治疗的平均转换时间,以及未来的预期变化 [51] **Krish Krishnan 回答** 目前从患者申请到开始治疗的时间约为30天,未来计划在下半年缩短至2-3周 [52] 问题2 **Dae Gon Ha 提问** 询问公司对B-VEC眼药水的市场机会预估 [73][74] **Krish Krishnan 回答** 不包括眼药水,VYJUVEK的全球市场机会预计超过10亿美元;加上眼药水,预计还可增加2.5-3亿美元 [76] 问题3 **Josh Schimmer 提问** 询问剩余未获报销批准的患者中有多少可能获得,以及时间预期 [106][107] **Krish Krishnan 回答** 公司目标是在2023年底已知的所有患者在2024年第一季度内全部获得报销批准 [107]
Krystal(KRYS) - 2023 Q4 - Annual Results
2024-02-26 21:04
Exhibit 99.1 Krystal Biotech Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Updates • Net product revenue of $42.1M in 4Q and $50.7M for the year • New England Journal of Medicine publication of the use of B-VEC eyedrop formulation • Reached alignment with FDA to enable approval of B-VEC eyedrop formulation for the treatment of lesions in the eye of DEB patients • First patient dosed in Phase 1 KB408 trial for the treatment of AATD; five active clinical trials in 2024 • ...