Kiniksa Pharmaceuticals reported ARCALYST net revenue of $27.0 million for Q2 2022. The company anticipates $100 million in upfront and near-term proceeds from the vixarelimab global license agreement and expects cash reserves to fund operations into at least 2025.
ARCALYST net revenue reached $27.0 million in Q2 2022.
Full-year 2022 net revenue for ARCALYST is expected to be $115 - $130 million.
The vixarelimab global license agreement is expected to generate $100 million in upfront and near-term proceeds.
Cash reserves are projected to fund operations into at least 2025 following the vixarelimab agreement.
Kiniksa expects ARCALYST net revenue for full-year 2022 to be between $115 million and $130 million. The company plans to evolve its sales operation with approximately 20 additional field sales representatives in the fourth quarter of 2022.
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